Russia's Gazprom said it will pump a reduced volume of gas to Europe via Ukraine on Tuesday (December 31), the last day before the expiry of a deal that had kept the gas flowing throughout nearly three years of war.
Gazprom said it would send only 37.2 million cubic meters on Tuesday compared to 42.4 mcm on Monday. Flows are expected to fall to zero from the early hours of Jan. 1 after the expiry of the five-year transit agreement.
Its demise marks the almost complete loss of Moscow's once mighty hold over the European gas market. Ukraine refused to negotiate a new deal because of the war.
The halting of supplies via Ukraine will be a major blow to Moldova, a country that was once part of the Soviet Union. Among European Union countries, Slovakia will be the most affected. Hungary will continue to receive Russian gas from the south, via the TurkStream pipeline on the bed of the Black Sea, although it had been keen to keep the Ukrainian route as well. Watch here for more details-

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