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Ukraine Will Block Gas Transit: Challenges and Opportunities for OMV and Europe
Ukraine's decision to stop transiting Russian natural gas to the West from 2025 poses a significant challenge for OMV and for several European countries. The announcement, made by the head of Ukrainian energy company Naftogaz, Olexiy Chernyshov, raises several questions about energy security and dependence on Russian gas.
Ukraine's state-owned energy company will no longer transit Russian natural gas to the west from 2025. / Picture: © Naftogaz
Despite the war, Moscow is waging against its neighboring country, the transit of Russian natural gas through Ukraine is currently continuing. This is expected to continue in the coming year. Specifically affected by a possible non-extension of the gas transit would be the Transgas pipeline, through which Austria receives Russian gas via Ukraine and Slovakia. Other options are not…
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