Article from a couple of weeks ago but I think important enough to be posted here:
>But European government and company officials are talking to counterparts in Ukraine about how to keep the gas flowing next year, according to people familiar with the matter who declined to be named as the talks are private. One option that’s been discussed is for European companies to buy and inject gas from Azerbaijan into Russian pipelines heading to Europe, according to some of the people. Such an arrangement would allow Europe to avoid the embarrassment of buying Russian gas at a time when it’s trying to crimp Moscow’s revenues.
>The idea is gaining momentum as it becomes clear that Ukraine would be in favor. Transit revenue amounted to about $1 billion in 2021 — providing crucial funding for the war-ravaged economy. There are also concerns that disused pipelines could become military targets, or fall into disrepair that’s costly to reverse.
…
>A plan to use Azeri gas could in theory benefit Russia if it was set up as a swap that allowed Moscow to send its gas elsewhere. Russia has struggled to find enough new customers for the fuel as its infrastructure is set up to supply Europe, and China is driving a hard bargain. The idea of swaps is not alien to oil and gas markets and is used when it’s not possible to physically deliver fuel from one location to another. Azerbaijan is already using its pipeline to Europe at full capacity.
>Talks are in early phase and people familiar with the matter expect decisions only toward the end of this year, when the expiry deadline — and the start of the European winter — add pressure. Many details still need to be hashed out, and it’s not clear a deal will get done. Developments on the battlefield may also be a factor.
…
>Slovakia is one of the key countries that could benefit from such a deal, and Prime Minister Robert Fico spoke of the possibility last month following a trip to Azerbaijan, without providing details.
>“Now, it depends on negotiations between companies such as Russian Gazprom, Azerbaijani, Ukrainian companies, and others to agree on economic and pricing conditions,” he told reporters in May. “If they do, Slovakia could import gas from Azerbaijan, with part of it staying in Slovakia and part passing through to other countries.”
>A government spokesman declined to comment further. The energy ministry of Austria, another country set to benefit, didn’t respond to requests for comment.
So basically, since Russia is already selling gas to Europe through Azerbaijan. Ukraine sees an opportunity to make money by re-initiating the gas transit, with an estimated billion as a profit?
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Article from a couple of weeks ago but I think important enough to be posted here:
>But European government and company officials are talking to counterparts in Ukraine about how to keep the gas flowing next year, according to people familiar with the matter who declined to be named as the talks are private. One option that’s been discussed is for European companies to buy and inject gas from Azerbaijan into Russian pipelines heading to Europe, according to some of the people. Such an arrangement would allow Europe to avoid the embarrassment of buying Russian gas at a time when it’s trying to crimp Moscow’s revenues.
>The idea is gaining momentum as it becomes clear that Ukraine would be in favor. Transit revenue amounted to about $1 billion in 2021 — providing crucial funding for the war-ravaged economy. There are also concerns that disused pipelines could become military targets, or fall into disrepair that’s costly to reverse.
…
>A plan to use Azeri gas could in theory benefit Russia if it was set up as a swap that allowed Moscow to send its gas elsewhere. Russia has struggled to find enough new customers for the fuel as its infrastructure is set up to supply Europe, and China is driving a hard bargain. The idea of swaps is not alien to oil and gas markets and is used when it’s not possible to physically deliver fuel from one location to another. Azerbaijan is already using its pipeline to Europe at full capacity.
>Talks are in early phase and people familiar with the matter expect decisions only toward the end of this year, when the expiry deadline — and the start of the European winter — add pressure. Many details still need to be hashed out, and it’s not clear a deal will get done. Developments on the battlefield may also be a factor.
…
>Slovakia is one of the key countries that could benefit from such a deal, and Prime Minister Robert Fico spoke of the possibility last month following a trip to Azerbaijan, without providing details.
>“Now, it depends on negotiations between companies such as Russian Gazprom, Azerbaijani, Ukrainian companies, and others to agree on economic and pricing conditions,” he told reporters in May. “If they do, Slovakia could import gas from Azerbaijan, with part of it staying in Slovakia and part passing through to other countries.”
>A government spokesman declined to comment further. The energy ministry of Austria, another country set to benefit, didn’t respond to requests for comment.
Full article https://archive.ph/aPlfI
So basically, since Russia is already selling gas to Europe through Azerbaijan. Ukraine sees an opportunity to make money by re-initiating the gas transit, with an estimated billion as a profit?