The European Union is preparing for the gas transit agreement between Russia and Ukraine to expire at the end of 2024 and is exploring alternative routes to supply gas to Europe. The agency reports that Bloomberg With reference to sources.
The EU believes that if transit through Ukraine is stopped, even countries most dependent on Russian gas, such as Austria and Slovakia, will be able to find alternative sources.
Agency sources said the European Commission had carried out a preliminary analysis of potential scenarios for the termination of the transit agreement, including modeling the possibilities of the Turkish Stream gas pipeline to help bridge the gap.
They said the EU executive would discuss the issue with member states in February and then formally present the plan to energy ministers at a meeting in Brussels on March 4.
One of the agency’s interlocutors said that countries and companies whose contracts will expire after 2024 may still find ways to supply gas through Ukraine. Bloomberg writes that one of them may be Russia transporting gas to the Ukrainian border, and then the EU organization, having reached an agreement with the operator of the Kiev transport system, will transport the gas to Austria, Slovakia or the Czech Republic.
The other day, Kremlin spokesman Dmitry Peskov statedIt was stated that Ukraine’s refusal to renew the contract for the transportation of Russian gas to Europe will lead to a change in logistics, but will not prevent Russia from continuing the supply.
Previously reportedDue to sanctions, Russia’s revenues from oil and natural gas decreased by a quarter.