financetom
Business
financetom
/
Business
/
Putin says there is no time to sign new Ukraine gas transit deal this year
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Putin says there is no time to sign new Ukraine gas transit deal this year
Dec 26, 2024 9:49 AM

MOSCOW, Dec 26 (Reuters) - President Vladimir Putin said

on Thursday there was no time left this year to sign a new

Ukrainian gas transit deal, and laid the blame firmly on Ukraine

for refusing to extend the agreement that brings gas to

Slovakia, the Czech Republic and Austria.

"They announced that they would not renew the contract,"

Putin said, adding that Kyiv was punishing Europe by the move.

The current five-year gas transit deal between Russia

and Ukraine expires in the end of the year.

"There is no contract and it is impossible to conclude

it in 3-4 days," Putin said in a televised briefing.

Russian gas supplies to Europe via Ukraine are

relatively small. Russia shipped about 15 billion cubic metres

(bcm) of gas via Ukraine in 2023 - only 8% of peak Russian gas

flows to Europe via various routes in 2018-19.

The Soviet-era Urengoy-Pomary-Uzhgorod pipeline brings

gas from Siberia via the town of Sudzha - which is now under

control of Ukrainian military forces - in Russia's Kursk region.

It then flows through Ukraine to Slovakia.

In Slovakia, the gas pipeline splits into branches going to

the Czech Republic and Austria.

Russia is ready to supply gas via Ukraine to any customer

but he said a lawsuit was making that impossible, Putin said.

Putin also reiterated Russia was ready to supply gas to

Europe via Poland through the Yamal - Europe pipeline.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cousins Properties Prices $188 Million Offering
Cousins Properties Prices $188 Million Offering
Mar 11, 2026
08:57 AM EST, 11/08/2024 (MT Newswires) -- Cousins Properties ( CUZ ) said Friday that it has priced its planned offering of six million shares for expected gross proceeds of around $188 million. The offering is slated to be completed on Tuesday. Price: 31.20, Change: -0.38, Percent Change: -1.20 ...
Market Chatter: Boeing 787 Aircraft Price Could Go Up by $40 Million Due to Tariffs, AerCap CEO Says
Market Chatter: Boeing 787 Aircraft Price Could Go Up by $40 Million Due to Tariffs, AerCap CEO Says
Mar 11, 2026
10:27 AM EDT, 03/12/2025 (MT Newswires) -- The price of a Boeing ( BA ) 787 aircraft could go up by $40 million in the worst-case scenario due to tariffs, AerCap ( AER ) Chief Executive Aengus Kelly said Wednesday on CNBC. In that scenario, in which a 25% tariff increase is implemented across the board, most airlines will turn...
India's competition regulator imposes $25.4 mln fine on Meta for WhatsApp's 2021 privacy policy
India's competition regulator imposes $25.4 mln fine on Meta for WhatsApp's 2021 privacy policy
Mar 11, 2026
Nov 18 (Reuters) - India's competition watchdog imposed a monetary penalty of 2.14 billion rupees ($25.4 million) on Meta on Monday over antitrust violations related to WhatsApp's 2021 privacy policy. ($1 = 84.3740 Indian rupees) ...
Kia America to recall more than 137,000 vehicles, NHTSA says
Kia America to recall more than 137,000 vehicles, NHTSA says
Mar 11, 2026
(Reuters) -Kia America is recalling 137,256 vehicles in the United States over concerns that piston oil rings may have been manufactured incorrectly, which can result in engine damage, the National Highway Traffic Safety Administration said on Tuesday. The recall affects certain 2021-2023 Seltos and Soul vehicles, the auto safety regulator said. Dealers will inspect and replace the engine as necessary...
Copyright 2023-2026 - www.financetom.com All Rights Reserved