News
  • Login
  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
Saturday, April 25, 2026
No Result
View All Result

NEWS

3 °c
London
8 ° Wed
9 ° Thu
11 ° Fri
13 ° Sat
  • Home
  • Video
  • World
    • All
    • Africa
    • Asia
    • Australia
    • Europe
    • Latin America
    • Middle East
    • US & Canada

    Woman trapped in poo for three hours after outback toilet collapses

    Heated Rivalry, The Housemaid and Fourth Wing: TikTok launches BookTok bestseller list

    A nation built on pan-African principles faces questions about racism

    Why is this game only legal across Australia one day a year?

    Three Kosovo Serbs jailed over deadly gun battle and monastery siege

    Mass trial for 486 alleged MS-13 gang members begins in El Salvador

    Israeli police investigate after officers 'cut Palestinian flag' from skullcap

    Dozens of sloths died before opening of Sloth World attraction in Florida

    Usain Bolt advises Gout Gout to keep focused on track and field

  • UK
    • All
    • England
    • N. Ireland
    • Politics
    • Scotland
    • Wales

    The Papers: 'Falklands tell Trump to back off' and 'Harry does a Diana'

    Ronnie O’Sullivan and John Higgins renew their rivalry at the 2026 World Snooker Championship

    'Very funny' naked statue of Monty Python's Terry Jones to be unveiled

    UK union is 'cracking at the seams' – O'Neill

    No 10 says Falklands sovereignty rests with UK after report of US 'review'

    Super League: Warrington Wolves 23-6 Wigan Warriors – Wire keep pace with leaders Leeds Rhinos

    Southport dads: 'Running for our girls has made us like brothers'

    Polling day to mark launch of new voting system for blind people

    Dylan Lawlor: Wales defender ‘wasn’t expecting’ breakthrough season at Cardiff City

  • Business
    • All
    • Companies
    • Connected World
    • Economy
    • Entrepreneurship
    • Global Trade
    • Technology of Business

    Island's inflation rate is 2.7%, new figures show

    China car giant BYD says it can thrive without US

    US justice department drops probe into Fed chairman Jerome Powell

    US soldier charged after winning $400,000 betting on removal of Maduro

    Asbestos toy warnings

    Stock markets are too high and set to fall, says Bank of England deputy

    How a pivot to hair accessories led to business success

    Lufthansa cuts 20,000 summer flights as fuel prices surge

    Inflation: What do price increases mean for you?

  • Tech
  • Entertainment & Arts

    Dancers say Lizzo ‘needs to be held accountable’ over harassment claims

    Freddie Mercury: Contents of former home being sold at auction

    Harry Potter and the Cursed Child marks seven years in West End

    Sinéad O’Connor: In her own words

    Tom Jones: Neighbour surprised to find singer in flat below

    BBC presenter: What is the evidence?

    Watch: The latest on BBC presenter story… in under a minute

    Watch: George Alagiah’s extraordinary career

    BBC News presenter pays tribute to ‘much loved’ colleague George Alagiah

    Excited filmgoers: 'Barbie is everything'

  • Science
  • Health
  • In Pictures
  • Reality Check
  • Have your say
  • More
    • Newsbeat
    • Long Reads

NEWS

No Result
View All Result
Home Business

Ukraine ends transit of Russian gas to EU

January 1, 2025
in Business
4 min read
250 3
0
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Russian gas supplies to EU states via Ukraine have ended after a five-year deal between Ukraine’s gas transit operator Naftogaz and Russia’s Gazprom expired.

Ukrainian President Volodymyr Zelensky said earlier that his country would not allow Russia to “earn additional billions on our blood” and had given the EU a year to prepare.

The European Commission said the continent’s gas system was “resilient and flexible” and that it had sufficient capacity to cope with the end of transit via Ukraine.

Russia can still send gas to Hungary, as well as Turkey and Serbia, through the TurkStream pipeline across the Black Sea.

The stopping of the flow through Ukraine marks the end of an era of cheap Russian gas in the EU.

Slovakia is the most affected, while the European Commission says the impact will be limited, thanks to careful planning and alternative supplies.

However, the strategic and symbolic impact for the whole of Europe is enormous.

Russia has lost an important market but its president, Vladimir Putin, says EU countries will suffer most.

The EU has significantly reduced imports of gas from Russia since it launched its full-scale invasion of Ukraine in 2022, but a number of eastern member states still depend largely on the supplies, making Russia about €5bn ($5.2bn; £4.2bn) a year.

Russian gas was less than 10% of the EU’s gas imports in 2023, according to the bloc. That figure was 40% in 2021.

But several EU members, including Slovakia and Austria, continue to import significant amounts of gas from Russia.

Austria’s energy regulator said it did not forecast any disruption as it had diversified sources and built up reserves.

But Ukraine’s decision has already caused serious tensions with Slovakia, which is now the main entry point of Russian gas into the EU and earned transit fees from piping the gas on to Austria, Hungary and Italy.

On Friday, Slovakia’s Prime Minister Robert Fico – who had just made a surprise visit to Moscow for talks with Putin – threatened to stop supplying electricity to Ukraine.

This prompted Volodymyr Zelensky, Ukraine’s president, to accuse Fico of helping Putin “fund the war and weaken Ukraine”.

“Fico is dragging Slovakia into Russia’s attempts to cause more suffering for Ukrainians,” the Ukrainian president said.

Poland has offered to support Kyiv in case Slovakia cuts off its electricity exports – supplies that are crucial to Ukraine, whose power plants come under regular attack from Russia.

Moldova – which is not part of the EU – could be seriously affected by the end of the transit agreement. It generates much of its electricity at a power station fuelled by Russian gas. It also supplied the Russia-backed breakaway region of Transnistria, a small sliver of land sandwiched between Moldova and Ukraine.

Moldova’s energy minister, Constantin Borosan, said his government had taken steps to ensure stable power supplies but called on citizens to save energy.

A 60-day state of emergency in the energy sector has been in place since mid-December.

President Maia Sandu accused the Kremlin of “blackmail” possibly aimed at destabilising her country before a general election in 2025. The Moldovan government also said it had offered aid to Transnistria.

Russia has transported gas to Europe through Ukraine since 1991.

The EU has found alternative sources in liquefied natural gas (LNG) from Qatar and the US, as well as piped gas from Norway, since Russia’s invasion of Ukraine.

In December, the European Commission laid out plans to entirely replace gas transiting through Ukraine.



Source link

Tags: endsgasRussiantransitUkraine

Related Posts

Island's inflation rate is 2.7%, new figures show

April 25, 2026
0

Statistics Jersey says there have been "sharp increases" in some energy prices. Source link

China car giant BYD says it can thrive without US

April 25, 2026
0

With the price of fuel rising China's BYD says it is positioning itself to benefit from the global shift...

US justice department drops probe into Fed chairman Jerome Powell

April 25, 2026
0

Powell's term is nearing its end and the US Senate is considering Trump's nominee for his replacement, Kevin Warsh....

  • Australia helicopter collision: Mid-air clash wreckage covers Gold Coast

    523 shares
    Share 209 Tweet 131
  • UK inflation: Supermarkets say price rises will ease soon

    515 shares
    Share 206 Tweet 129
  • Ballyjamesduff: Man dies after hit-and-run in County Cavan

    510 shares
    Share 204 Tweet 128
  • Somalia: Rare access to its US-funded 'lightning commando brigade

    508 shares
    Share 203 Tweet 127
  • Google faces new multi-billion advertising lawsuit

    508 shares
    Share 203 Tweet 127
  • Trending
  • Comments
  • Latest

Australia helicopter collision: Mid-air clash wreckage covers Gold Coast

January 10, 2023

UK inflation: Supermarkets say price rises will ease soon

April 19, 2023

Ballyjamesduff: Man dies after hit-and-run in County Cavan

August 19, 2022

Stranger Things actor Jamie Campbell Bower praised for addiction post

0

NHS to close Tavistock child gender identity clinic

0

Cold sores traced back to kissing in Bronze Age by Cambridge research

0

Plogging the Brighton Marathon

April 25, 2026

The Papers: 'Falklands tell Trump to back off' and 'Harry does a Diana'

April 25, 2026

MrBeast's company sued by ex-employee over sexual harassment claim

April 25, 2026

Categories

Science

Plogging the Brighton Marathon

April 25, 2026
0

Plogging the Brighton Marathon Source link

Read more

The Papers: 'Falklands tell Trump to back off' and 'Harry does a Diana'

April 25, 2026
News

Copyright © 2020 JBC News Powered by JOOJ.us

Explore the JBC

  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More

Follow Us

  • Home Main
  • Video
  • World
  • Top News
  • Business
  • Sport
  • Tech
  • UK
  • In Pictures
  • Health
  • Reality Check
  • Science
  • Entertainment & Arts
  • Login

Copyright © 2020 JBC News Powered by JOOJ.us

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
News
More Sites

    MORE

  • Home
  • News
  • Sport
  • Worklife
  • Travel
  • Reel
  • Future
  • More
  • News

    JBC News