Russia’s state-owned energy giant Gazprom says it will halt gas supplies to Moldova starting on Jan. 1, citing alleged unpaid debt by the east European country.

Kyiv has finally turned off Russia’s gas supply to Europe, ending a source of income that helped pay for Moscow’s war against Ukraine. The decades-old deal, which allowed the transit of natural gas produced by Russian energy giant Gazprom through Ukraine, ended at midnight on December 31, shutting down Russia’s last major gas corridor to Europe.

Even while at war, Ukraine piped Russian gas to Europe. Moscow earned an estimated $5 billion in 2024, while Ukraine raked in up to $1 billion in fees.

Gazprom said Moldovagaz “regularly fails to fulfill its payment obligations under the existing contract, which is a significant breach of its terms.”View on euronews

Russian energy giant Gazprom said on Saturday it would suspend gas exports to Moldova from 0500 GMT on Jan. 1 due to unpaid debt by Moldova, which is bracing for severe power cuts.

Moldovans are bracing for a difficult winter ahead as a looming energy shortage could leave them without enough energy.

The Russian gas company Gazprom on Saturday said it will no longer supply natural gas to Moldova in the new year, blaming the country's alleged debts. Gazprom said the country's gas company Moldovagaz "regularly fails to fulfil its payment obligations under the existing contract,

Russia’s state-owned energy giant Gazprom says it will halt gas supplies to Moldova starting on Jan. 1, citing alleged unpaid debt by the east European country Russia’s state-owned energy ...

Ukraine hailed the end of the gas transit deal amid Russia's invasion. But Russia said European living standards will suffer.

Halting gas supplies to Europe is a massive personal defeat for Vladimir Putin. If someone had told him on Jan. 1, 2022, that in three years Russia’s gas exports to the EU would completely stop along with the flow of money back,

"Izvestia's stringer Alexander Martemyanov was killed in a Ukrainian drone attack on a car on the Donetsk-Gorlovka highway," the statement said. The security forces added that only a little more than two kilometers remain before the road is completely under Russian control