Ukraine’s gas transit operator said Russia had not scheduled any January 1 gas flows through the Ukrainian pipeline to Europe as of 1500 GMT today, hours before the expiration of the five-year deal between the Russian Gazprom and the Ukrainian Naftogaz. The Russian energy company Gazprom, for its part, announced a while ago that it will channel a reduced volume of natural gas to Europe through Ukraine. The gas flow is likely to stop on January 1 after a five-year transit agreement between Russia and Ukraine expires, marking the near-total loss of Moscow’s once-powerful influence on the European gas market. Unless there is a last minute surprise deal. Russian President Vladimir Putin had stated on December 26 that there was no time left this year to sign a new agreement on the transit of natural gas through Ukraine. Buyers of Russian natural gas Slovakia […]
Source: News Beast
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