Skip to content
Edit post

Energy minister rules out deals on transiting Russian gas through Ukraine

by Martin Fornusek March 6, 2024 11:18 AM 1 min read
A compressor station of Ukraine's Naftogaz near Kharkiv in 2014.
A picture shows a compressor station of Ukraine's Naftogaz national oil and gas company near the northeastern Ukrainian city of Kharkiv on Aug. 5, 2014. (Sergey Bobok/AFP via Getty Images)
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

Energy Minister Herman Halushchenko ruled out any commercial deals that would allow Russian gas to flow through Ukraine after the current contract expires. Halushchenko made the comment in an interview with Bloomberg on March 5.

Kyiv and the EU have previously said they would not seek the prolongation of the transit deal for Russian gas, signed in 2019 and currently set to expire in December 2024.

Despite efforts by European countries to reduce dependency on Russia's gas, Russian supplies remain an important part of the EU's imports. Some traders voiced hope that the transit via Ukraine would continue past 2024 on the basis of private deals.

"I don't see the possibility," Halushchenko told Bloomberg at the International Atomic Energy Agency in Vienna.

"There are not any possible solutions on the table."

Rather than buying Russian gas, Halushchenko suggested that European countries should store fuel in Ukraine's reservoirs, offering 15 billion cubic meters of gas storage.

Russia cut much of its pipeline gas transit to Europe in 2022, but countries like Austria, Hungary, and Slovakia remain heavily reliant on Russian imports.

The EU is also discussing ways to limit imports of Russia's liquified natural gas (LNG) after some members bought record amounts of Russian LNG last year.

EU Energy Commissioner: Gas imports from Russia fall by 71% since 2021
The European Union’s gas imports from Russia have decreased by 71% since 2021, EU Energy Commissioner Kadri Simson announced on March 4, following an Energy Council meeting in Brussels.
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
2:55 AM

Russia attacks 10 communities in Sumy Oblast.

The attacks caused 174 recorded explosions in the area. The village of Znob-Novhorodske endured the heaviest assault, with 59 explosions caused by Russian artillery, mortars, and Grad MLRS.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.