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    Home > Finance > Ukrainian PM: Russian gas transit deal will not be extended after Dec 31
    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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    Quick Summary

    Ukraine will not extend its Russian gas transit deal beyond 2024, opening discussions for non-Russian gas transit with the European Commission.

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

    1What 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.

    2Why 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.

    3When does the current gas transit agreement end?

    The current agreement with Russia ends on January 1, 2025.

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