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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 ...
European gas imports from Russia in 2021, with breakdowns. Russia supplies a significant volume of fossil fuels to other European countries. In 2021, it was the largest exporter of oil and natural gas to the European Union, (90%) [1] [2] and 40% of gas consumed in the EU came from Russia. [3] [4]
MOSCOW (Reuters) -Russian gas supplies to Europe via Ukraine are set to end on New Year's Day, bringing down the curtain on Moscow's long period of dominance of supply in the European gas market.
Russian gas is no longer flowing to EU states through Ukraine following the expiration of a five-year deal, closing an energy route that has existed since the end of the Soviet Union in 1991.
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 ...
On 1 January 2025, at 07:00 EET (05:00 UTC), Ukraine stopped the transit of Russian gas to Europe through its territory. [25] The supply of gas to Transnistria through Ukraine stopped earlier, on 31 December at 19:50 EET (17:50 UTC). [26] As a result, heating and hot water were cut off in Transnistria. [27]
Ukraine has made good on its promise to halt the transport of Russian gas to Europe through its ... but faces a self-imposed deadline of 2027 and plans to break its dependence on all Russian ...
Most European countries no longer depend on Russian gas having diversified their supply — to the United States, Qatar and others — following Putin’s Feb. 2022 full-scale invasion of Ukraine.