A New Era: Europe Without Ukraine’s Russian Gas Corridor

On 1 January 2025, Russian gas transit via Ukraine came to an end with the expiration of a five-year transit deal signed in 2019. While gas transiting through Ukraine in 2024 accounted for just 5% of the EU’s total gas imports, it represented nearly 50% of remaining Russian pipeline flows to Europe and served as a critical supply source for some Central and Eastern European countries. This shutdown was the culmination of a decline in Europe’s Russian gas imports that began even before Russia’s invasion of Ukraine and the subsequent 2022 subsea explosions that damaged the Nord Stream pipelines.

In this Public Webinar, we will be exploring key insights including the following:

• Context on the discontinuation of Ukrainian gas transit
• Changes in pipeline flows since 1 January 2025
• The market response to these changes
• A preview of our forecast for the European gas landscape following this pivotal event

Please see the registration instructions below for any questions about joining the webinar, or contact Alice Gain.

If you have any other questions about this event, please get in touch with our Global Energy Markets team.