How the termination of Russian gas transit will affect Europe — Ukraine

In case of termination of transit through Ukraine, Russia can reorient part of the supply through Turkey, but this route has limited capacity.

Russian President Vladimir Putin received Slovak Prime Minister Robert Fico in the Kremlin. This is a rare visit of the leader of the EU country to Moscow, which coincided with the conclusion of the contract on the transit of Russian gas through Ukraine to Europe. Ukraine has said it will stop transit unless it receives guarantees that revenue from the supply will not finance the war. Instead, Moscow announced that there would be no new agreement with Kyiv.

Reuters writes about it.

How will this affect the situation with gas supplies to Europe?

Supply volumes

The amount of gas that Russia supplies to Europe through Ukraine is no longer significant. In 2023, this indicator was about 15 billion cubic meters, which is only 8% of…