Russia's Foreign Ministry blamed the U.S. for the decision, saying it will impact "the standard of living of European citizens."
Kyiv has finally turned off Russia’s gas supply to Europe, ending a source of income that helped pay for Moscow’s war against Ukraine. The decades-old deal, which allowed the transit of natural gas produced by Russian energy giant Gazprom through Ukraine, ended at midnight on December 31, shutting down Russia’s last major gas corridor to Europe.
Russia’s state-owned energy giant Gazprom says it will halt gas supplies to Moldova starting on Jan. 1, citing alleged unpaid debt by the east European country.
Ukraine hailed the end of the gas transit deal amid Russia's invasion. But Russia said European living standards will suffer.
Even while at war, Ukraine piped Russian gas to Europe. Moscow earned an estimated $5 billion in 2024, while Ukraine raked in up to $1 billion in fees.
Ronald Reagan’s wish came true this week. The last gas pipeline to Europe from Russia shut down. The 40th president’s political heir, Donald Trump, stands to reap the benefit.
Russian energy giant Gazprom said on Saturday it would suspend gas exports to Moldova from 0500 GMT on Jan. 1 due to unpaid debt by Moldova, which is bracing for severe power cuts.
Ukraine, which had allowed Russian oil and gas to cross its territory to serve Europe while fighting Moscow’s invasion since 2022, refused to renew the deal.
Moldovans are bracing for a difficult winter ahead as a looming energy shortage could leave them without enough energy.
Gazprom said Moldovagaz “regularly fails to fulfill its payment obligations under the existing contract, which is a significant breach of its terms.”View on euronews
The Russian gas company Gazprom on Saturday said it will no longer supply natural gas to Moldova in the new year, blaming the country's alleged debts. Gazprom said the country's gas company Moldovagaz "regularly fails to fulfil its payment obligations under the existing contract,
Russia’s state-owned energy giant Gazprom says it will halt gas supplies to Moldova starting on Jan. 1, citing alleged unpaid debt by the east European country Russia’s state-owned energy ...