The Slovak gas transmission system operator Eustream and the largest Slovak energy trader SPP earn up to $1.5 billion annually from transactions with Russian gas. Such calculations were given by the ex-director of the Ukrainian GTS Operator Sergei Makogon in an interview with LIGA.net.
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“The Slovak GTS operator Eustream makes money on transit, and their largest trader SPP makes money on resale. I estimate the annual total earnings of these two Slovak companies from transactions with Russian gas at $1.2-1.5 billion,” says Makogon.
According to him, this is why Slovak Prime Minister Robert Fico is in favor of preserving flows Russian gas to the country.
