EU in the terminal: last negotiations for Russian gas!

EU in the terminal: last negotiations for Russian gas!

Vienna, AT - The demand for Russian gas in Europe remains robust, despite the pressure through sanctions and geopolitical tensions. According to an analysis of vienna.at is the export of pipeline gas from Russia in 2024 to around 32 billion Cubic meters rose after he had dramatically fallen to 28.3 billion cubic meters last year. The reason for this is the ongoing difficulties in relationships between Russia and the West as a result of the Ukraine War. The main corridor for guest transport remains Ukraine, whereby a decisive gastransit contract expires on December 31, 2024 and has announced Ukraine not to want to lead to an extension.

gastransite under pressure

In view of the impending contract run, the EU leaders discuss alternative opportunities for gas deliveries together with the Ukrainian President Wolodymyr Selenskyj in Brussels. In a conversation with oilprice.com expressed the Slovenian Prime Minister Robert Golob so that it realistically Consider no chance of extending the agreement. Gazprom, the Russian gas giant, also expects not to supply gas via Ukraine to the EU from January 1, 2025. Although some countries such as Hungary, Austria and Slovakia continue to move into Russian gas through this route, the EU tries to break away from Russian energy deliveries.

There are also efforts to increase imports from other countries such as Norway, the USA and Qatar in order to be less dependent on Russian gas by 2027. This becomes particularly urgent, since the EU wants to minimize the harmful consequences of a continuing dependency relationship with Russia. According to reports, ongoing developments have the potential to significantly change the European energy landscape.