Three years of reporting, funded by our readers — become a member now and help us prepare for 2025.
Goal: 1,000 new members for our birthday. Gift a membership to your friend and help us prepare for what 2025 might bring.
Become a member Gift membership
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

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.
Three years of reporting, funded by our readers.
Millions read the Kyiv Independent, but only one in 10,000 readers makes a financial contribution. Thanks to our community we've been able to keep our reporting free and accessible to everyone. For our third birthday, we're looking for 1,000 new members to help fund our mission and to help us prepare for what 2025 might bring.
Three years. Millions of readers. All thanks to 12,000 supporters.
It’s thanks to readers like you that we can celebrate another birthday this November. We’re looking for another 1,000 members to help fund our mission, keep our journalism accessible for all, and prepare for whatever 2025 might bring. Consider gifting a membership today or help us spread the word.
Help us get 1,000 new members!
Become a member Gift membership
visa masterCard americanExpress

News Feed

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