Russia-Ukraine gas transit deal ends: Why it matters
Bianca Popa
Kiev has refused to prolong its five-year contract with Moscow despite appeals from EU states whose energy security is now in jeopardy Russia has officially stopped supplying gas to the EU through Ukraine as of 8am Moscow time on January 1, after months-long negotiations to extend the transit deal with Kiev fell through. Here is how this development came about and what it means for the European gas market. What’s the deal? A host of EU states once received Russian pipeline gas via Ukraine’s
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