Flows of Russian natural gas to Europe via Ukraine’s main hub are set to stop on Wednesday due to disruptions caused by pro-Kremlin troops
Russian natural gas flowing through a key Ukrainian hub en route to other parts of Europe will stop on Wednesday, a network operator said, blaming Kremlin occupation troops.
The two main entry points into Ukraine, Sokhranivka and Sudzha, respectively provide 27% and 73% of natural gas deliveries in the country.
But on Tuesday, Ukraine’s gas transmission network operator said in a statement that shipments received through Sokhranivka would stop from 7 a.m. local time, according to Bloomberg.
Russian natural gas could potentially be sent elsewhere, although no clarification was provided as to where another entry point might be.
The Ukrainian network operator added that attempts had been made to warn the Kremlin of the ramifications of the presence of pro-Russian troops in Luhansk.
“The company has repeatedly informed Gazprom about transit threats due to the actions of the Russian-controlled occupation forces and demanded an end to interference in the operation of the facilities, but these calls were ignored,” it said. he added.
Natural gas prices in Europe reversed earlier losses to climb as high as 8.1% on the news, before moderating.
The latest disruption comes as Russia continues its war campaign in Ukraine and ushers in a new era of energy instability. Russia was responsible for 40% of the EU’s natural gas appetite in 2021, and a third of that gas passed through Ukraine.