The China Mail - End of Russian gas via Ukraine sparks unease in eastern Europe

USD -
AED 3.672498
AFN 65.000033
ALL 80.761235
AMD 360.982284
ANG 1.789785
AOA 916.999796
ARS 1547.435951
AUD 1.426218
AWG 1.8
AZN 1.711502
BAM 1.737655
BBD 2.013789
BDT 124.482471
BGN 1.747831
BHD 0.377511
BIF 2987.543757
BMD 1
BND 1.278142
BOB 12.12307
BRL 5.452597
BSD 0.999876
BTN 94.576825
BWP 13.727633
BYN 2.983457
BYR 19600
BZD 2.010946
CAD 1.396295
CDF 2315.000375
CHF 0.817865
CLF 0.024527
CLP 965.319821
CNY 6.669803
CNH 6.66649
COP 3229.13
CRC 454.196116
CUC 1
CUP 23.996482
CVE 97.96631
CZK 21.640991
DJF 178.04787
DKK 6.66219
DOP 60.044158
DZD 136.137727
EGP 53.944098
ERN 15
ETB 164.108289
EUR 0.89128
FJD 2.243203
FKP 0.743037
GBP 0.742305
GEL 2.604999
GGP 0.743037
GHS 11.633527
GIP 0.743037
GMD 74.488904
GNF 8859.999556
GTQ 7.640777
GYD 209.490556
HKD 7.844815
HNL 26.874159
HRK 6.76901
HTG 130.993736
HUF 323.475987
IDR 18051.6
ILS 3.16671
IMP 0.743037
INR 94.45525
IQD 1515.805747
IRR 1883408.498647
ISK 121.740028
JEP 0.743037
JMD 158.490264
JOD 0.708991
JPY 158.394499
KES 129.88984
KGS 87.449305
KHR 4065.567945
KMF 440.999862
KPW 899.999961
KRW 1344.009825
KWD 0.31085
KYD 0.8332
KZT 451.907529
LAK 22510.972511
LBP 89536.844537
LKR 332.702525
LRD 169.971747
LSL 16.458322
LTL 2.95274
LVL 0.60489
LYD 6.411145
MAD 9.767223
MDL 17.932726
MGA 4516.054516
MKD 54.86112
MMK 2099.845134
MNT 3601.453525
MOP 8.0795
MRU 40.672394
MUR 46.750138
MVR 15.454973
MWK 1733.74558
MXN 18.57415
MYR 4.046102
MZN 63.910608
NAD 16.458322
NGN 1344.919545
NIO 36.791229
NOK 9.282715
NPR 151.327626
NZD 1.77647
OMR 0.384469
PAB 0.999964
PEN 3.451055
PGK 4.486835
PHP 63.009499
PKR 276.584484
PLN 3.913615
PYG 6062.867601
QAR 3.645272
RON 4.758805
RSD 104.821031
RUB 81.626861
RWF 1471.300315
SAR 3.756339
SBD 8.051718
SCR 13.753827
SDG 601.494926
SEK 9.77764
SGD 1.276798
SHP 0.745545
SLE 22.910108
SLL 20969.504398
SOS 571.481881
SRD 37.564026
STD 20697.981008
STN 21.767813
SVC 8.74869
SYP 13001.999685
SZL 16.449882
THB 33.409965
TJS 9.223662
TMT 3.51
TND 2.979992
TOP 2.40776
TRY 50.0464
TTD 6.77808
TWD 32.916898
TZS 2647.377987
UAH 45.533522
UGX 4104.696412
UYU 40.202925
UZS 11888.515735
VES 893.768974
VND 25682.5
VUV 119.655093
WST 2.783161
XAF 584.641244
XAG 0.018961
XAU 0.000242230458
XCD 2.70255
XCG 1.801979
XDR 0.707052
XOF 584.641244
XPF 105.958029
YER 236.174989
ZAR 16.3842
ZMK 9001.198566
ZMW 20.278266
ZWL 321.999592
SSP 5745.516508
MXV 2.090199
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

End of Russian gas via Ukraine sparks unease in eastern Europe
End of Russian gas via Ukraine sparks unease in eastern Europe / Photo: © AFP/File

End of Russian gas via Ukraine sparks unease in eastern Europe

Ukraine's decision to turn off the taps keeping Russian gas flowing via its territory to Europe has already sown trouble in the continent's east, with Moldova declaring a state of emergency and Slovakia threatening Kyiv with retaliation.

Text size:

Under a five-year deal signed in 2019 Ukraine had allowed Russia to pipe gas to Europe via its territory.

But that agreement is set to expire in the new year with Kyiv unwilling to extend it as a result of Moscow's invasion.

Although Europe has fought to wean itself off dependence on Russian gas since President Vladimir Putin sent troops into Ukraine in February 2022, several eastern European states still look to Moscow for much of their energy needs.

That represents an ongoing income stream for the Kremlin which Ukraine's President Volodymyr Zelensky wishes to dry up.

Almost a third of the Russian gas sold to Europe is transported via Kyiv's territory, said Phuc-Vinh Nguyen, head of the Jacques Delors Institute's Energy Centre.

The remainder is transported via a pipeline under the Black Sea to Bulgaria, Serbia and Hungary, or else by shipments of liquefied natural gas (LNG).

But Tuesday's data from Ukrainian operator OGTSU showed deliveries via the only entry point for Russian gas into Ukraine dropping to zero as of January 1, 2025.

- Moldova 'energy blackmail' -

The situation is at its most critical in Moldova, which borders Ukraine and has to contend with Russian-backed separatists at home.

The tiny nation had already introduced a 60-day state of emergency earlier this month in anticipation of Kyiv's expected cut.

Then on Saturday, Russia's Gazprom announced it too would halt gas deliveries due to a dispute over debt, sparking furious accusations of "oppressive tactics" from Moldova's prime minister.

In the capital Chisinau, where most of the festive light displays will be snuffed out, some residents voiced their fear of what comes next.

"It's terrible, nobody knows what's going to happen. I've bought some candles and a generator," Cristina, a 21-year-old student who refused to give her surname, told AFP.

Gazprom had already reduced its deliveries to Moldova since the beginning of the invasion, with the Russian company solely supplying the unrecognised breakaway state of Transnistria.

But the Moscow-backed region's power station still provides some two-thirds of the electricity consumed across the country.

"The Kremlin has once again resorted to energy blackmail in order to influence the 2025 parliamentary elections and undermine our European path," said Moldova's President Maia Sandu.

The pro-European politician was reelected in November after a vote marred by accusations of Russian interference.

Sandu offered humanitarian aid for the residents of breakaway Transnistria, who would otherwise find themselves without heating in the depths of midwinter.

But the local authorities refused, said Alexandru Flenchea, a former government official and conflict resolution expert specialising in the region.

In Russia's destabilisation strategy, "Transnistria is nothing more than collateral damage", Flenchea argued.

Phuc-Vinh agreed, charging that Putin was using gas as a "geopolitical weapon" to "undermine the region, feed the resentments of the population to influence support for Ukraine and sow the seeds of discord across Europe".

Moldova's government has responded with drastic measures to limit energy consumption, notably limits on lighting in public buildings and the use of lifts.

It also intends to make up the shortfall by buying electricity from neighbouring Romania.

- 'Totally irrational' -

With 14 billion cubic metres transported per year via Ukraine making up just five percent of the European Union's total gas imports, the bloc said it was "prepared" for the flow's cut.

In a report published in mid-December, the EU judged the impact to be limited.

"The Commission... has been working for more than a year specifically on preparing for a scenario without Russian gas transiting via Ukraine," it told AFP on Tuesday.

It said that the bloc's gas infrastructure had been strengthened in the past few years, and pointed to work on making "alternative supplies" available to affected countries.

After Austria's decision in December to terminate its long-term contract with Gazprom, only Slovakia is affected.

Slovakia's leader Robert Fico -- one of the Kremlin's few allies within the EU -- has cried foul over Kyiv's decision, travelling to Moscow to meet Putin in response.

"Accepting the unilateral decision of the Ukrainian president is totally irrational and wrong," Fico pleaded in a letter to Brussels, decrying "a major financial impact in a complicated economic period".

By way of response, the Slovak prime minister threatened to cut off the supplies of electricity Ukraine desperately needs, with Kyiv's own energy infrastructure battered by nearly three years of systematic Russian bombardment.

On the other hand neighbouring Hungary -- which like Slovakia has remained friendly to Moscow -- receives most of its Russian gas imports via the Black Sea pipeline.

As a result Budapest will remain largely unaffected by Ukraine's decision.

burs-anb/sbk/bc

W.Tam--ThChM