Europe will receive the last Russian gas sent via Ukraine’s pipelines in the early hours of the new year as the continent braces for a plunge in temperatures that could hasten the drain on gas reserves.

The Russian state energy company, Gazprom, is expected to cut off its exports to Europe through Ukraine’s pipelines on New Year’s Day after a gas transit deal struck between the countries five years ago comes to an end overnight.

In the absence of an 11th-hour deal, the halt will mark a historic shift after the Kremlin’s full-scale invasion of its neighbour in early 2022. Russia was once the continent’s biggest supplier of gas but it has lost almost all of its EU customers since the war began, as buyers across central Europe have turned to the US, Norway and Qatar for their supplies.

  • @IndustryStandardOP
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    5 days ago

    Actually I did not know it was Ukraine shutting it down. Reading the second paragraph of the article it implies Russia is the party doing the cutting down of delivery.

    The Russian state energy company, Gazprom, is expected to cut off its exports to Europe through Ukraine’s pipelines on New Year’s Day after a gas transit deal struck between the countries five years ago comes to an end overnight.

    • @[email protected]
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      2 days ago

      That very clearly means it’s not Ukraine shutting it down.

      Though if I were in Zelenskiy’s position, I’d disable every bit of Russian fossil-fuel production and transport that I could. Fuck their balance of payments so hard that they can’t sell anything to anyone.