Slovakia's SPP sees no threat to its Russian gas imports
Adds details, company comments and background in paragraphs 2, 4-10
June 26 (Reuters) - Slovakia's SPP said on Wednesday thata recent legal change protects it from any potential seizureof its Russian gas importsor related claims, the company said on Wednesday.
The statement addresses uncertainty over gas supplies from Russia, after Austria's OMV OMVV.VI warned last month of the suspension of supplies from Russia's Gazprom GAZP.MM following a foreign court ruling, without identifying the case.
"SPP is not threatened by a possible execution by a third party that would win a court case with a company of a third country in Europe and would like to claim compensation at the expense of SPP," the company said in a statement.
Hungary, which also gets most of its gas from Russia, issued adecree in May that prevents payments made by state-owned energy conglomerate MVM to Gazprom from being seized, arguing it would put the country's energy supply at risk.
SPP caters to about two-thirds of Slovak demand and has a supply contract with Gazprom until 2034 for gas piped through Ukraine.
"It will not be possible to seize the gas in the transition or distribution network, nor the claims of a third party from a particularly significant contract for the supply of natural gas," SPP said.
"This measure significantly increases the security of gas supplies for SPP customers."
The future of those supplies is also in doubt due to the expiration of a transit contract through Ukraine at the end of this year which Ukraine does not want to extend.
SPP has said it is involved in talks to possibly take over the transit contract as part of a wider consortium of unnamed European buyers to ensure continued flows after the end of the year.
The company has also signed deals with Western entities to diversify its supplies and avoid any disruption to its current gas flow.
Earlier this month, Uniper won a $14 billion arbitration against Gazprom about suspended gas deliveries since 2022.
Reporting by Jan Lopatka; Editing by Anil D'Silva
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