Slovakia to Buy More Russian Gas as Iran War Sparks Supply Fears

Slovakia will boost purchases of natural gas from Russia this year as the prospect of shortages caused by the Iran war has countries rushing to lock in supply.

The nation’s largest state-owned gas supplier, Slovensky plynarensky priemysel, will cover 100% of its fuel needs with Russian flows as of April — up from 33% last year — after it signed an amendment to an existing contract with Gazprom PJSC. Michal Lalik, director of SPP’s trade division, said the move is “absolutely crucial” in the current market turmoil, and that supply negotiations for the first three quarters of 2027 will begin soon.