Finance

Ukrainian PM: Russian gas transit deal will not be extended after Dec 31

Published by Global Banking & Finance Review

Posted on December 16, 2024

1 min read

· Last updated: January 27, 2026

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Ukraine to End Russian Gas Transit Deal After 2024

(Reuters) - Ukrainian Prime Minister Denys Shmyhal said on Monday a deal enabling the transit of Russian gas through his country would not be extended beyond the end of the year.

Shmyhal, writing on the Telegram messaging app after speaking to Slovak Prime Minister Robert Fico, said Ukraine was willing to discuss transit of gas of any origin except Russia.

"To this effect, if the European Commission officially approaches Ukraine about the transit of any gas other than Russian, we naturally will discuss it and are ready to reach an appropriate agreement," he said.

"I stressed that Ukraine's agreement with Russia on gas transit comes to an end on 1st January 2025 and will not be extended."

(Reporting by Ron Popeski; Editing by Chris Reese)

Key Takeaways

  • Ukraine will not extend the Russian gas transit deal beyond 2024.
  • Ukraine is open to gas transit discussions excluding Russian gas.
  • The current agreement with Russia ends on January 1, 2025.
  • European Commission may approach Ukraine for non-Russian gas transit.
  • Ukraine's stance impacts European energy dynamics.

Frequently Asked Questions

What is the main topic?
The main topic is Ukraine's decision not to extend the Russian gas transit deal beyond 2024, affecting European energy supply.
Why is Ukraine ending the gas transit deal?
Ukraine is ending the deal to explore other gas transit opportunities excluding Russian gas, impacting European energy dynamics.
When does the current gas transit agreement end?
The current agreement with Russia ends on January 1, 2025.

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