Russian gas supplies to Europe via Ukraine are to end on Wednesday, when a five-year deal between Ukraine's gas transit operator Naftogaz and Russia's Gazprom expires. Ukrainian President Volodymyr Zelensky said his country would not allow Russia to "earn additional billions on our blood" and had given the EU a year to prepare.

Europe will not feel much of an impact when Ukraine cuts gas transit from Russia on Jan. 1, Deutsche Welle reported on Dec. 30, citing a representative of the European Commission. The European Commission has been preparing alternative routes for over a year after Kyiv made it clear that it would not renew its contract with Russian energy giant

Russia’s once-dominant gas supply to Europe via Ukraine, which flowed for decades, is set to end on New Year’s Day with the collapse of a contract between the two warring countries that paid out billions to Moscow in gas revenue and to Kyiv in transit fees.

The European Union has stated that it is prepared for Ukraine to cease the transit of Russian gas. Source: Deutsche Welle (DW), a German international broadcaster and media outlet, citing a European Commission representative,

Russia has not nominated any gas flows from January 1 through the Ukrainian pipeline to Europe, Ukraine’s gas transit operator said.

Russia pumped gas on Monday to European customers via Ukraine for one of the last days before a key transit deal expires at the end of the year, marking the almost complete loss of Russia's once mighty hold over the European gas market.

Russia's Gazprom announced on Tuesday that it is reducing natural gas supplies to Europe through Ukraine as the current transit contract approaches its expiration. — Ukrinform.

Russian gas flows through Ukraine are set to stop on Wednesday when a transit deal between the two countries expires in the wake of Moscow’s full-scale invasion. The pipeline was one of the last two routes still carrying Russian gas to Europe nearly three years into the full-scale war.

Russian gas supplies sent via Ukraine to Europe for more than 40 years are scheduled to end on January 1 after Ukraine's Naftogaz refused to renew its latest five-year transit deal with Russia's Gazprom.