Russia will take into account consumer demand when considering whether to continue gas transit through Ukraine after 2024, Dmitry Birichevsky, the director of the Department of Economic Cooperation at the Russian Foreign Ministry, told Sputnik.
In 2019, Russia and Ukraine signed a five-year transit contract, under which Russian energy giant Gazprom guarantees to transport 65 billion cubic meters of gas through the Ukrainian territory in the first year and 40 billion in each of the following four years.
The contract expires at the end of 2024. In late October, the head of Ukrainian largest national oil and gas company Naftogaz, Oleksiy Chernyshov, said that the company would not extend its gas transit contract with Gazprom after its expiration date in 2024.
In March 2022, the European Union declared a course to abandon Russian natural gas that gave Europeans a huge competitive advantage, the diplomat said.
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