Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Trump’s coal comeback goes global – Oil & Gas 360

June 6, 2025

DeepWho? If You Missed DeepSeek’s Latest AI Launch, You’re Not Alone.

June 6, 2025

Spain halts oil imports from Venezuela as U.S. sanctions come into effect – Oil & Gas 360

June 6, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Ukraine Launches Russian-Free Gas Route via Trans-Balkan Corridor
OPEC Announcements

Ukraine Launches Russian-Free Gas Route via Trans-Balkan Corridor

omc_adminBy omc_adminJune 4, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


In a contentiously pivotal move toward energy independence, Ukraine on Wednesday confirmed the launch of natural gas imports via the Trans-Balkan pipeline, bypassing Russian supply and allowing Ukraine to draw gas from European sources, including liquefied natural gas (LNG) imported through Greece and Azerbaijani gas from the Trans Adriatic Pipeline.

The Trans-Balkan pipeline, which historically carried Russian gas southward, has now been reversed to bring non-Russian gas northward into Ukraine. 

Source: TSOUA

A Ukrainian energy ministry source told Reuters that the corridor will enable the import of up to 1 billion cubic meters (bcm) of gas by October, with June volumes expected to reach 100 million cubic meters. 

Ukraine ceased transiting Russian gas to Europe at the end of 2024, choosing not to renew a longstanding agreement with Gazprom. Kyiv has emphasized that no Russian-origin gas will be involved in this newly activated corridor.

The European Commission has endorsed efforts like this under its broader REPowerEU strategy to end the bloc’s dependence on Russian fossil fuels.

Industry reports, including recent coverage from Argus Media and Pipeline & Gas Journal, note that monthly capacity auctions on the Trans-Balkan route have been successfully launched, off the market indications that there is, indeed, commercial interest and operational readiness.

The corridor’s activation is both a geopolitical and infrastructure achievement, reinforcing Ukraine’s energy sovereignty amid war and instability.

Following the cessation of gas transit through Ukraine, Russia has increased its gas exports to Europe via the TurkStream pipeline. In May 2025, Russian pipeline gas exports to Europe rose by 10% compared to April, averaging 46 million cubic meters per day.

The launch of the Trans-Balkan route is the result of coordinated action among five national gas transmission operators—from Greece, Bulgaria, Romania, Moldova, and Ukraine. The route enables natural gas to flow northward from Greece’s Revithoussa LNG terminal through southeastern Europe into Ukraine, completely bypassing Russian supply channels. With an annual capacity of up to 1 billion cubic meters, the corridor is supported by preferential tariffs—25% lower than standard rates, and 46% lower for deliveries into Ukraine. 

According to the Kyiv Post, the joint initiative not only enhances Ukraine’s access to diversified energy sources but also strengthens regional energy security and resilience heading into the 2025–26 winter heating season.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Trump’s Coal Comeback Goes Global

June 6, 2025

U.S. Sanctions Hit Iranian Oil Smuggling Network in Asia

June 6, 2025

Trump Administration: Biden’s Fuel Economy Rules Exceeded Authority

June 6, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views

Permian Basin growth fuels ExxonMobil’s quarterly success – Oil & Gas 360

May 2, 20251 Views

Trump’s coal comeback goes global – Oil & Gas 360

June 6, 20250 Views
Don't Miss

Vermilion Energy exits U.S. market with $88 million asset sale

By omc_adminJune 6, 2025

Vermilion Energy Inc. has entered into a definitive agreement for the sale of its U.S.…

USA Targets Niche Gas That China Can’t Replace as Trade War Chip

June 6, 2025

Global SAF Alliance Formed to Deliver End-to-End Waste-to-Fuel Solution

June 6, 2025

Aircapture Secures $50M to Scale Modular CO₂ Capture Systems with Immediate Commercial Impact

June 6, 2025
Top Trending

Bain, Terralytiq Partner to Provide Supply Chain Decarbonization Solutions

By omc_adminJune 6, 2025

Macquarie, BCI Acquire Waste-to-Product Recycling Company Renewi

By omc_adminJune 6, 2025

Labour warned to keep spending review in line with net zero or face legal action | Green politics

By omc_adminJune 6, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

DeepWho? If You Missed DeepSeek’s Latest AI Launch, You’re Not Alone.

June 6, 20250 Views
Our Picks

Vermilion Energy exits U.S. market with $88 million asset sale

June 6, 2025

Alaska LNG Attracts Potential Partners in Asia, EU

June 6, 2025

EIA Fuel Update Shows Declining USA Gasoline, Diesel Price

June 6, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.