Media Wire

Russia ceases gas supplies to EU via Ukraine

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

The gas pipeline that traverses Ukraine leads into Slovakia, which had hoped to continue receiving Russian gas and urged Ukraine to extend the transit agreements. In response to Kiev’s decision to stop the gas transit, Slovak Prime Minister Robert Fico threatened last week to cut electricity supplies to Ukraine.

The five-year contract for Russian gas deliveries through Ukraine expired despite ongoing long-term agreements between Gazprom and several European buyers.

Ukrainian officials confirmed the cessation of transit, calling it a “historic event” in the interests of national security. Kiev has long denied the possibility of a new transit deal with Moscow.

Russian President Vladimir Putin stressed the finality of the situation during his annual press conference on December 19, stating, “This transit contract will not exist anymore, it’s clear. But we will manage; Gazprom will manage.”

IFP Media Wire

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