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Its end will not cut off all Russian gas to Europe, but significantly reduce it. Gas can still travel from Russia to Europe via the Turkstream pipeline, but no longer through Ukraine, cutting gas ...
MOSCOW/KYIV (Reuters) -Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year's Day, marking the end of decades of Moscow's dominance over Europe's energy ...
Russia shipped some 15 billion cubic metres of gas via Ukraine in 2023, about 8% of peak Russian gas flows to Europe via various routes in 2018-2019, according to data compiled by Reuters.
EUR/Ruble exchange rate (Rubles per Euro. On 23 March 2022, Russian President Vladimir Putin announced payments for Russian pipeline gas would be switched from "currencies that had been compromised" (that is, US dollar and euro) to payments in roubles when the transaction involved a country formally designated "unfriendly" previously, which included all European Union states; on 28 March, he ...
The dispute is over the Nord Stream 2 Gas pipeline and other disputes such as Yamal-Europe pipeline that usually sends Russian gas to Western Europe was flowing in reverse. [17] On 1 January 2025, Ukraine terminated all Russian gas transit through its territory, after the contract between Gazprom and Naftohaz signed in 2019 expired. [18] [19]
They are two of 23 gas pipelines between Europe and Russia. [9] The leaks were located in international waters, [a] but within the economic zones of Denmark and Sweden. [10] Both pipelines were built to transport natural gas from Russia to Germany through the Baltic Sea, and are majority owned by the Russian majority state-owned gas company ...
Russia followed through on its threat to cut gas supplies to Europe, causing gas prices on the continent to soar, according to media reports. Gas prices in Europe rose nearly 20% this week, CNBC ...
A day after Russia cut off gas flows to Ukraine, Gazprom accused Ukraine of stealing gas. [67] On January 3, Naftogaz issued a statement saying that it would take the necessary gas from volumes that were bound for Europe as technical gas, at a rate of 23 mmcm (million cubic meters) a day.