MOSCOW (Reuters) – Russian vitality large Gazprom (MCX:) stated on Wednesday that fuel exports by way of Ukraine to Europe had been halted from 8 a.m. Moscow time (0500 GMT), l transit settlement having expired.
The closure of Russia’s oldest fuel path to Europe ends a decade of strained relations sparked by Russia’s 2014 seizure of Crimea.
Russia nonetheless exports fuel by way of the TurkStream pipeline situated on the backside of the Black Sea.
The European Union has stepped up efforts to cut back its dependence on Russian vitality after the outbreak of navy battle in Ukraine in 2022, by looking for different sources.
The five-year fuel transit settlement between Russia and Ukraine expired within the early hours of January 1, 2025, whereas kyiv has repeatedly stated it is not going to prolong the settlement within the midst of struggle.
“As a result of repeated and clearly expressed refusal of the Ukrainian facet to resume these agreements, Gazprom was disadvantaged of the technical and authorized capability to provide fuel for transit by way of the territory of Ukraine from January 1, 2025,” Gazprom stated in a press launch. the Telegram messaging software.
“As of 8:00 Moscow time, the availability of Russian fuel for its transportation by way of the territory of Ukraine shouldn’t be carried out.”
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