By Free Republic | Created at 2025-01-04 15:14:44 | Updated at 2025-01-09 19:37:26
5 days ago
Ukraine closure of Gazprom pipeline to Europe hurts Russia’s war effort but leaves Transnistrians in
The Conversation ^
Posted on 01/04/2025 7:13:36 AM PST by USA-FRANCE
Kyiv has finally turned off Russia’s gas supply to Europe, ending a source of income that helped pay for Moscow’s war against Ukraine. The decades-old deal, which allowed the transit of natural gas produced by Russian energy giant Gazprom through Ukraine, ended at midnight on December 31, shutting down Russia’s last major gas corridor to Europe.
Europe’s dependence on Russian energy had already drastically reduced since the invasion in February 2022, so the gesture is mostly symbolic. But it doesn’t make the decision less important or mean there are no consequences for the remaining Gazprom customers in Europe.
(Excerpt) Read more at theconversation.com ...
TOPICS: News/Current Events
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Excellent. This alone will cost Kremlin's GaZZprom about 5 billion dollars in lost revenue - per year - further reducing the company’s tax contributions to the Russian budget...
Thus the Russians people will have to pay more taxes (new hikes). Plus the extreme inflation going on... officially 9% but more like 30% for real life citizens buying everyday food. This all means great discontempt against their warmongers mismanaging Russia from their Ivory tower in Moscow.
Russia has no leverage on the EU anymore. Europe doesn't need the oil imported from Russia anymore. Putin botched his only card he had to force the EU into submission - thanks to his failed and illegal war against Ukraine.
In a way... Ukraine SAVED Europe. It made Europe independent from Russia again!
Communist (and thus pro Putin) prime minister Robert Fico of Slovakia is dependent on that pipine... It seems that those very few countries who followed Putin are all in a big financial crisis now...
1 posted on 01/04/2025 7:13:36 AM PST by USA-FRANCE
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