This is very bad news for the European industry… Ukraine has decided to halt the gas transit in the contested eastern Ukrainian region of Luhansk, reducing by 33% the flow of gas flow to the West.
Ukraine has stopped the transit of Russian gas to Europe in the Luhansk region. This means that a third of the maximum amount that can be transported per day is lost.
In other metrics, this decision means that up to 32.6 million cubic meters of gas per day will be lost. That is almost a third of the maximum amount that can be transported via Ukraine to Europe every day, the Ukrainian gas network operator announced on Tuesday.
Ukrainian officials argue that due to the Russian occupation, it had become impossible to forward gas to other distribution stations via the Sochranivka point. The operator referred to a case of “force majeure”.