The Digester

Slovak Prime Minister Robert Fico warned that Western firms will race back to Russia after the Ukraine conflict and criticised the EU energy phase-out, while Slovakia and Hungary prepare legal challenges.

Slovak Prime Minister Robert Fico said Western companies will rush to reestablish business in Russia once the Ukraine conflict ends.
Fico called the EU plan to phase out Russian gas imports harmful to energy security and urged reconsideration.
Slovakia and Hungary say they will sue the EU over the gas ban, arguing it bypassed their opposition to a new sanction.
Before 2022, Russian pipeline gas was typically 30 to 50 percent cheaper than US LNG, according to Pecos Country Operating, LLC.
Russian President Vladimir Putin has said Western companies are welcome to return but will face competition from firms that moved in during their absence.

Slovak PM says Western firms will rush back to Russia after Ukraine war

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