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Ukraine to end transit of Russian gas to EU

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Russian gas supplies to the EU via Ukraine are set to cease on January 1, with the expiration of a five-year deal between Naftogaz and Gazprom. This marks the end of a decade of strained relations between Russia and Ukraine, sparked by the 2014 Russian annexation of Crimea. In the absence of a new agreement, Russia will no longer be able to send gas to EU countries through Ukraine, although it will still be able to supply gas to Hungary, Turkey, and Serbia through the TurkStream pipeline. The halt in Russian gas supplies will mark a significant shift in the EU's energy landscape, with liquefied natural gas from Qatar and the United States becoming a key alternative source of supply.

    1. The European gas infrastructure is flexible enough to provide gas of non-Russian origin to Central and Eastern Europe via alternative routes. It has been reinforced with significant new LNG import capacities since 2022.
    1. Accepting the unilateral decision of the Ukrainian president is totally irrational and wrong.
    1. Due to the repeated and clearly expressed refusal of the Ukrainian side to renew 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.
    2. This is a historic event. Russia is losing markets and will incur financial losses. Europe has already decided to phase out Russian gas, and (this) aligns with what Ukraine has done today.
    1. Russian gas has not been supplied for transit via Ukraine since 8:00 am [Moscow time, 06:00 GMT].
    1. The last two winters have been very mild.