The tap has been turned off. Ukraine has halted the transit of Russian gas to Europe.

On Wednesday, January 1, 2025, Ukraine stopped the transit of Russian gas through its territory. This decision was made for national security reasons.

This information was reported by Ministry of Energy. Russia may incur financial losses.

Ukraine duly informed its international partners about this decision. The Ministry of Energy emphasized that this is a historic event.

"Russia is losing markets, and it will face financial losses. Europe has already decided to abandon Russian gas," the statement reads.

They also explained that the European initiative Repower EU encompasses exactly what Ukraine implemented today.

As of January 1, 2025, the gas transportation system of Ukraine operates without the transit of Russian gas. The infrastructure of the system is prepared for this mode of operation.

In Russia, it was confirmed that "Gazprom" has ceased the transit of gas through Ukraine. Earlier reports indicated that the company was reducing transit, and it was planned to stop it on January 1, which has now occurred.

Transit Termination – What We Know

Recall that Ukraine and Russia signed a contract before the onset of the full-scale war, which included the transit of Russian gas through Ukrainian territory. The contract is set to expire tomorrow, December 31.

In this context, Slovakia attempted to persuade Ukraine to extend the contract. Specifically, Slovak Prime Minister Robert Fico met with President Volodymyr Zelensky.

After Ukraine refused to continue the transit of Russian gas, the Slovak government head resorted to threats. In