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yuckraine ends transit of Russian gas to EU....

January 2, 2025 - 07:36 -- Admin

Russia has officially ceased gas transit through Ukraine to the EU as of 8am Moscow time on January 1. Russian energy giant Gazprom announced the halt after negotiations to extend the transit agreements with Ukrainian companies Naftogaz and the Gas Transmission System Operator of Ukraine, which have been in place since 2019, fell through.

In a press release issued on Wednesday, Gazprom said, “Due to the repeated and clear refusal of the Ukrainian side to extend these agreements, Gazprom was deprived of the technical and legal opportunity to supply gas for transit through Ukraine starting from January 1, 2025.” As a result, gas supplies to Europe via this route are now completely suspended.

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