Media pointed to the risk of all goods going up in price in Ukraine due to the refusal of gas transit

After Ukraine refuses to transit Russian gas, prices for all products and services in the country will rise. This was reported in the Ukrainian publication Strana on January 3, citing experts.

"Risks of disruptions in gas supply and a drop in the caloric content of the resource, because of which its consumption will increase," said Yuriy Korolchuk, an analyst at the Institute for Strategic Research.

It is noted that the termination of the gas supply contract has already led to a fourfold increase in the domestic transportation tariff.

According to the source, the rise in prices for all goods and products will occur due to the increase in their cost due to the rise in gas prices in Ukraine.

There is no more gas transit through Ukraine. What the media say

Earlier, on January 2, Russian Foreign Ministry spokesperson Maria Zakharova said that the termination of gas supplies from Russia via Ukraine weakens the EU's economic potential. She stressed that the Russian side had fulfilled all its obligations under the contract with Naftohaz Ukrayiny. In his turn, a member of the Verkhovna Rada, Artem Dmytruk, said that Ukraine would face big problems after its decision to refuse to transit Russian gas through its territory. He pointed out that Ukraine would lose revenues from transit, which previously amounted to $800m per year.

On January 1, 2025, Gazprom stopped supplying fuel to Europe through the Ukrainian gas transportation system.

In August 2024, Zelensky said that Ukraine would not prolong the gas transit contract with Russia. Russian President Vladimir Putin pointed out that Moscow was not giving up gas supplies through Ukraine.