Russia begins scaling-down gas supply to Europe via Ukraine as a five-year pre-war deal expires on New Year’s Day.
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00:00Russian gas has stopped flowing to the EU via Ukraine after a five-year deal with Kiev
00:07expired, marking the end of a decades-long arrangement.
00:11Ukrainian President Volodymyr Zelensky said earlier that his country would not allow Russia
00:16to earn additional billions on our blood.
00:19The EU said the continent's gas system was resilient and flexible and that it could cope
00:23with the change.
00:25Slovakia, however, could face disruption and Moldova, which is not in the EU, is already
00:30suffering shortages.
00:32While Russia has lost in important markets for its oil, Russian President Vladimir Putin
00:37says EU countries will suffer the most.
00:40Russia is projected to lose 5 billion euro in revenue facilitated by the deal.
00:45Russia can still send gas to Hungary, Turkey and Serbia through the TurkStream pipeline
00:50across the Black Sea.
00:52The EU had significantly reduced imports of gas from Russia after it launched its full-scale
00:56invasion of Ukraine in 2022.