Russia has expressed its readiness to continue gas supplies to Europe via Ukraine after the current transit agreement expires on December 31, 2024. This was announced on Wednesday by Russian Deputy Prime Minister Alexander Novak.
“We are ready to continue gas transit through Ukraine after the current agreement expires, but this depends on the Ukrainian side,” Novak said during a press conference.
The current agreement on the transit of Russian gas through Ukraine was signed in 2019 and is valid until the end of 2024. Since then, Europe has received a significant portion of Russian gas through the Ukrainian gas transportation system.
The continuation of gas transit through Ukraine is an important issue for both parties, as it ensures stable energy supplies to Europe and brings significant transit revenue to Ukraine.
Novak’s statement also comes amid tense relations between Russia and Ukraine, as well as discussions in Europe about reducing dependence on Russian gas through the diversification of energy sources.
The Ukrainian side has not yet made any official statements regarding the possible continuation of gas transit after 2024.