By Nina Bachkatov
President Zelensky hailed as “historic” the cessation of Russian gas exports through Ukraine on January 1. The five-year transit contract, signed at the end of 2019, had been maintained even after Russia’s invasion, as Ukraine sought to “demonstrate its reliability as a partner to Europe”. On 19st December 2024, President Zelensky confirmed that the contract would not be renewed, stating it was a move aimed at undermining Russia’s war effort. However, he said little about the potential economic consequences for Ukraine, including the loss of transit fees, the inability to siphon deliveries en route to the EU as in the past, and the heightened risk of Russian attacks on pipeline infrastructure. He also categorically ruled out transporting Russian gas disguised as Azerbaijani via Ukrainian pipelines.
Continue reading “Another step out of Russia”