Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far By Reuters

(Reuters) – Ukraine’s gas transportation operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of 1500 GMT on Tuesday, hours ahead of the expiry of a five-year contract between Gazprom (MCX: GAZP) and Ukraine’s Naftogaz.

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Russia used to supply a little under half of the European Union’s gas prior to the 2022 battle. Europe has actually turned away from Russian gas while as yet inexplicable strikes on the Nord Stream pipeline have minimized Russian materials.