Gazprom Reduces European Gas Flows Ahead of Transit Deal Expiration

INSUBCONTINENT EXCLUSIVE:
Gazprom said it would pump a reduced flow of gas to Europe via Ukraine the day before a transit agreement with Kyiv is set to
31, down from 42.4 million cubic meters the previous day, before flows drop to zero at midnight when the five-year transit agreement
according to Reuters
Ukraine, in turn, is relinquishing an estimated $800 million in annual transit fees.Moldova is among the countries expected to be
significantly impacted by the end of the transit agreement
The EU candidate declared a state of emergency earlier this month in anticipation of the disruption.While Moldova has reduced its reliance
on Russian energy, the breakaway region of Transnistria continues to receive subsidized Russian gas, fueling tensions
TurkStream pipeline in the Black Sea, but Slovakia, another key transit country, could face significant losses as flows from Ukraine
losses in Europe.