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The EU will be without cheap Russian gas following a decision by Ukraine to no longer allow Russia’s gas transferal to occur on Ukraine soil. President Volodymyr Zelensky called the decision “one of Moscow’s biggest defeats.” The “Brotherhood pipeline” shutdown will allegedly cause Russian gas giant Gazprom more than $6 billion yearly.
EU on brink of gas war after Ukraine cuts off Russia’s £5bn supply | World | News– www.express.co.uk
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Excerpt:
Ukraine will no longer allow Russian gas to pass through en route to European neighbours in a move that will hurt both the Kremlin and EU states dependent on Putin’s energy supply.
On January 1, the 2019 deal, which saw gas transit through Ukraine to states like Slovakia and Austria, expired.
President Zelensky heralded the move as “one of Moscow’s biggest defeats”, while his energy minister branded it “historic”.
The closure of the Urengoy–Pomary–Uzhhorod, which is also known as the Brotherhood pipeline, will cost Russian gas company Gazprom around £5bn a year – a bitter blow for Putin’s creaking war economy.
However, it’s not just Russia that is reeling following the expiration of the gas deal. Several European states are heavily dependent on Russian gas transported through Ukraine.
Austria, Hungary, Slovakia, as well as Moldova, are reliant on the steady flow of energy through Ukraine. Now that that is no longer possible, the only route remaining into Europe from Russia is via the TurkStream pipeline and the BlueSteam pipeline, under the Black Sea.
