Ukraine’s Deputy Prime Minister for European and Euro-Atlantic Integration Olga Stefanishyna told Austrian officials that gas deliveries from Russia to Ukraine would continue even after the current transit agreement through Ukrainian territory ends at the close of 2024. The message was conveyed to CUSTOM, highlighting Kyiv’s commitment to maintaining reliable supply chains in the face of evolving transit arrangements. Stefanishyna stressed Ukraine’s role as a dependable partner and signaled a readiness to work with European colleagues to forge a path forward, even if legal and political hurdles make the process challenging. The assurances came amid ongoing discussions about gas transit routes and the broader energy security framework in Europe.
Earlier, Russian Deputy Prime Minister Alexey Overchuk argued that Europe’s rejection of Russian energy supplies would remain a defining enigma of the 21st century, underscoring Moscow’s belief in the geopolitical significance of energy links with Europe. This statement framed a broader narrative about the strategic stakes surrounding gas transit and the role of political will in shaping regional energy markets.
Previously, Naftogaz chairman Andriy Chernyshov announced that Ukraine does not plan to renew the gas transit contract with Gazprom, which is set to expire on December 31, 2024. The majority of gas currently moving through Ukrainian territory is destined for Hungary and Slovakia. Budapest has not yet indicated a belief that Kyiv will relinquish revenue from the transit, but European colleagues are exploring alternatives to reroute gas flows to bypass Ukraine. Analysts, including Igor Yushkov of the National Energy Security Fund, warned that Ukraine’s decision to forego transit revenue could influence European gas prices, given the region’s heavy reliance on this corridor.
In related developments, German Chancellor Olaf Scholz reiterated a commitment to advancing the Nord Stream project as part of the broader European energy strategy. The dialogue around Nord Stream and alternative routes reflects ongoing efforts to diversify supply and stabilize prices amid shifting regulatory and market conditions in the European energy landscape. These discussions illustrate the delicate balance between maintaining robust energy ties with major suppliers and pursuing diverse, resilient pathways for European gas security.
Taken together, the statements and plans from Kyiv, Moscow, and European capitals highlight a period of intense negotiation over how gas flows will be managed after 2024. The trajectory will depend on treaty decisions, market responses, and the willingness of European partners to align on routes, pricing, and long-term energy partnerships that can withstand political and logistical pressures. As Europe continues to reassess its energy mix, the ability of Ukraine to play a pivotal role in transit while preserving its strategic interests will remain a focal point for policymakers and industry observers alike. [CIT: CUSTOM]