Eustream Moves on to Increase Cross Border Liquidity with Ukraine

Eustream launches a procedure to investigate the binding market interest in transmission capacities from Slovakia to Ukraine via Vojany pipeline. 

‘The registered participants may submit their requests for transmission capacity till the 23rd June 2014,’ reads a note released on Monday, adding that the procedure was agreed on in the Memorandum of Understanding signed between Eustream and Uktransgaz.

The MoU intends to increase cross border liquidity, creating a new interconnection point near Budince, which is close to the existing interconnection point Veľké Kapušany.

Slovakia’s Eustream signed a Memorandum of Understanding for gas supplies to Ukraine in April, saying that reverse flow could happen as soon as October 2014, with a volume of 3.2 bcm a year.