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The endgame for gas transit via Ukraine?

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November 19, 2024

As the expiration of Gazprom’s five-year transit agreement with Ukraine looms, speculation lingers about a last-minute deal being forged to keep the gas flowing next year. But ample stocks and sufficient alternative suppliers have diminished Europe’s need for this gas. At the same time, Ukraine sees little incentive for a new deal without broader geopolitical concessions. Reporting by Laurence Walker, Deputy Editor-in-Chief, Montel News. Contributors: Dennis Hesseling, Head of Gas, Coal & Power Markets Division, International Energy Agency; and Yuriy Onyshkiv, Senior Analyst, LSEG.

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