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MOSCOW/KYIV (Reuters) -Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy ...
Its end will not cut off all Russian gas to Europe, but significantly reduce it. Gas can still travel from Russia to Europe via the Turkstream pipeline, but no longer through Ukraine, cutting gas ...
Ukraine now faces the loss of some $800 million a year in transit fees from Russia, while Gazprom will lose close to $5 billion in gas sales, according to the news agency. Several European ...
The dispute is over the Nord Stream 2 Gas pipeline and other disputes such as Yamal-Europe pipeline that usually sends Russian gas to Western Europe was flowing in reverse. [17] On 1 January 2025, Ukraine terminated all Russian gas transit through its territory, after the contract between Gazprom and Naftohaz signed in 2019 expired. [18] [19]
January gas supplied by Russia to Europe was 1.7b m3 compared with 13b m3 average per month for the 2021 year. [32] The price of natural gas in Europe fell to an 18-month low in mid February of €49pmh with gas storage across the European Union at 65% capacity, well above the average of 45% at this time of year. [33]
Russian gas has stopped flowing to EU states via Ukraine after a five-year deal expired, marking the end of a decades-long arrangement. ... money on selling oil and gas to the European Union ...
EUR/Ruble exchange rate (Rubles per Euro. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ...
MOSCOW (Reuters) -Russia said on Monday the situation with European countries that buy its gas through a transit deal via Ukraine was very complicated and needs more attention, a day after talks ...