Friday, February 16, 2024

The Final Countdown: Will Russia and Ukraine Renew Gas Transit Deal?

Hopefully, the Ukraine will not renew this deal until the Russian invader is expelled!

"At the end of 2024, a five-year agreement expires governing one of the oldest and biggest economic links between Russia and Europe: the transit of Russian gas through the territory of Ukraine. Kyiv has already said it will not extend the agreement, and Russian officials have confirmed no negotiations to that end are under way with either Ukraine or the EU. Still, that’s not to say that no more Russian gas will ever be shipped via Ukraine. ..."

The Final Countdown: Will Russia and Ukraine Renew Gas Transit Deal? - Carnegie Endowment for International Peace Extending the transport of Russian gas via Ukraine after 2024 would likely benefit both Russia and Ukraine. Stopping the flow of gas, on the other hand, would be painful for whichever side initiates it.

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