Gazprom plans to stop gas transit to Europe via Ukraine in 2025

The russian corporation Gazprom will stop gas transit to Europe via Ukraine in 2025. In the plans of the corporation from the so – called "far abroad" – Europe and Turkey-only gas supply to Turkey remains. This is reported by Reuters, reports UNN.

Details

Kiev has said it wants to break the transit agreement, which will put an end to more than half a century of gas supplies from Siberia to Central European markets, which began in Soviet times and were a stable source of russian budget revenues.

Despite Kiev's statements about its unwillingness to extend the agreement, which brings Ukraine up to 1 1 billion a year in transit fees, moscow signals its readiness for negotiations and the possibility of continuing supplies through Ukrainian territory.

However, russia, which before the Great War was the largest supplier of natural gas to Europe, lost almost all of its European customers. This was due to the EU's attempts to reduce its dependence on Russian energy, as well as after the explosion of the Nord Stream gas pipeline in 2022.

According to the agency, such a plan has not yet been finalized in the leadership, but it provides for the termination of transit through Ukraine immediately after December 31.

It is expected that russian gas exports to "non-CIS countries" in 2025 will decrease by 20% and amount to less than 39 billion cubic meters, compared with more than 49 billion cubic meters in 2024. These are supplies via the Turkish and Blue Stream gas pipelines.

At the same time, Gazprom believes that supplies to Turkey will not only not stop – they will not even be reduced.

recall

Earlier, UNN reported that Hungary is negotiating with Gazprom on additional gas purchases for 2025. It is planned to use the full potential of Turkish Stream to increase the volume of imported fuel.