Ukraine’s decision to end the gas transit deal with Russian energy giant Gazprom has been hailed by President Volodymyr Zelensky as one of Moscow’s biggest defeats. Today, the transit of Russian gas is zero.
Nearly all employees of Russian energy giant Gazprom, who work on the Nord Stream and Turkish Stream gas pipelines, left the European Union last year. Source: Russian online newspaper The Moscow Times,
Ukrainian transit gas deal to Europe ended on Jan. 1. For now, the most acute effects are being felt in a region called Transnistria, on the eastern edge of Moldova.
Russia’s state-owned energy giant Gazprom says it will halt gas supplies to Moldova starting on Jan. 1, citing alleged unpaid debt by the east European country.
Vladimir Putin’s Russia is embroiled in war and plagued by systemic decay — and Donald Trump can exploit its weakness to end its campaign of global instability.
The move was connected with, but not required by, the expiration at the end of 2024 of Russia’s contract with Ukraine for transit of natural gas to Europe. The looming energy crisis is likely to have a strong negative effect on Moldova’s ruling pro-European Party of Action and Solidarity (PAS) in parliamentary elections due in the second half of 2025.
Moldova provides energy aid to Transdniester as the breakaway region faces a gas cutoff amid a dispute between Russia and Ukraine.
The Russian gas company Gazprom on Saturday said it will no longer supply natural gas to Moldova in the new year, blaming the country's alleged debts. Gazprom said the country's gas company Moldovagaz "regularly fails to fulfil its payment obligations under the existing contract,
Russian energy giant Gazprom said on Saturday it would suspend gas exports to Moldova from 0500 GMT on Jan. 1 due to unpaid debt by Moldova, which is bracing for severe power cuts.
Even while at war, Ukraine piped Russian gas to Europe. Moscow earned an estimated $5 billion in 2024, while Ukraine raked in up to $1 billion in fees.
Russia’s state-owned energy giant Gazprom says it will halt gas supplies to Moldova starting on Jan. 1, citing alleged unpaid debt by the east European country Russia’s state-owned energy ...
A court in Switzerland has extended the deadline for Nord Stream 2 AG, a unit of Russia's Gazprom , to restructure its debts to May 9 from Jan. 10, according to a court ruling.