Russian Gas Supply Fears Spur LNG Deals in Eastern Europe (1)

Slovakian utility ZSE will meet about 30% of its natural gas requirements next year with fuel imported via Poland, easing the impact of a potential squeeze in Russian pipeline deliveries.

ZSE signed a contract with Orlen SA’s PGNiG Supply & Trading for the delivery of liquefied natural gas for 12 months from January, the Polish utility said in a statement Monday.

New LNG terminals and interconnectors in central and eastern Europe are providing alternatives to countries that have traditionally relied on Russian gas. Slovakia still largely depends on fuel from the east, but a transit deal between Russia ...