12-31-2024, 03:13 PM
Another complication for Ukraine, and maybe some impact on Russia
Ukraine to end transit of Russian gas into Europe
Ukraine to end transit of Russian gas into Europe
Quote:Russian gas supplies to Europe via Ukraine are to end on Wednesday, when a five-year deal between Ukraine's gas transit operator Naftogaz and Russia's Gazprom expires.
...a number of eastern [EU] member states still depend largely on the supplies, making Russia about €5bn ($5.2bn; £4.2bn) a year.
On Friday, Slovakia's Prime Minister Robert Fico - who had just made a surprise visit to Moscow for talks with Russian President Vladimir Putin - threatened to stop the supply of electricity to Ukraine.
Poland has offered to support Kyiv in case Slovakia cuts off its electricity exports - supplies that are crucial to Ukraine, whose power plants come under regular attack from Russia.
Moldova - which is not part of the EU - could be seriously affected by the end of the transit agreement.
Once the Ukrainian transit route is cut off, the Black Sea's TurkStream - which reaches Turkey, Hungary and Serbia - will be the only Russian gas supply to European countries.
