Is Europe ready for year-end cutoff of Russian gas via Ukraine?
FILE - Warning signs are posted in front of a gas compressor station, a part of the Polish section of the Yamal pipeline that links Russia with western Europe and is owned in part by Gazprom, in Gabinek near Wloclawek, Poland, May 23, 2022.
On the first day of 2025, Ukraine’s contract with Russian state-owned Gazprom will expire, shutting down a major Russian natural gas pathway to Europe.
Although the Kremlin says it is ready to continue the transit deal, urging Europeans to persuade Ukraine to extend the contract, Kyiv has said it won’t budge.
Russian natural gas supplies were a cornerstone of European energy security before Moscow’s February 2022 invasion, when it temporarily cut off 80 billion cubic meters of gas supplies to the co...