Russia’s gas supply to Europe halted after Ukraine transit deal expires | Ukraine, which had allowed Russian oil and gas to cross its territory to serve Europe while fighting Moscow’s invasion since 2022, refused to renew the deal.

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Posted on 01/01/2025 2:33:24 PM PST by E. Pluribus Unum

The flow of natural gas from Russia to Europe was suspended Wednesday after Ukraine said it would not renew a deal allowing Russian gas to transit its territory, ending an energy supply route that dates back some 60 years.

In a statement posted to Telegram, Russian energy company Gazprom said it was no longer sending gas because of the expiration of the agreement Wednesday.

“Due to the repeated and explicit refusal of the Ukrainian side to extend these agreements, Gazprom was deprived of the technical and legal ability to supply gas for transit through the territory of Ukraine from January 1, 2025. Since 8:00 Moscow time, Russian gas has not been supplied for its transportation through the territory of Ukraine,” it said in the statement.

Despite a brutal Russian invasion that has killed tens of thousands of Ukrainian soldiers and civilians and laid waste to swaths of the country since 2022, Ukraine continued to allow Russian oil and gas to cross its territory to serve its European neighbors — generating revenue for Kyiv and Moscow and illustrating how hard it is for the bitter enemies to cut ties.

Ukrainian Energy Minister German Galushchenko confirmed in a statement Wednesday that Russian gas had ceased flowing through Ukraine.

“This is a historic event. Russia is losing its markets, it will suffer financial losses. Europe has already made the decision to abandon Russian gas,” he said Wednesday on Telegram.

European Union leaders insist they can cope without the gas transiting via Ukraine, saying that the bloc has worked steadily over the past three years to cut its dependence on Russian gas, slashing imports fourfold. According to the Brussels think tank Bruegel, 5 percent of Europe’s gas imports came through Ukraine, based on data from the first eight months of 2024.

(Excerpt) Read more at washingtonpost.com ...

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To: E. Pluribus Unum

2 posted on 01/01/2025 2:38:26 PM PST by mass55th (“Courage is being scared to death, but saddling up anyway.” ― John Wayne)

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