Russia-Ukraine Gas Transit Deal Ends: Implications for Europe’s Energy Market

As of January 1, 2025, Russia has officially stopped supplying gas to the European Union through Ukraine. The five-year transit deal between Russian energy giant Gazprom and Ukraine’s state energy company, Naftogaz, expired on December 31, 2024, with no extension agreed upon. The cessation has significant consequences for European energy security and market stability. Background: […]

Transnistria Halts Heating Following Ukraine’s Suspension of Gas Transit

Transnistria, Moldova’s breakaway region, has suspended heating and hot water supply to households after the transit of Russian gas via Ukraine ceased. The local energy company, Tirasteploenergo, confirmed the move on January 1, 2025, stating that the situation resulted from a halt in gas deliveries. This decision leaves only medical facilities providing inpatient care with […]