Bloomberg pointed to Europe's rapid consumption of gas reserves

Europe is using up its gas reserves faster than at any time in the last seven years. This was reported by Bloomberg on January 6, citing sources.

"Europe is burning through gas reserves faster than at any time in the past seven years as cold weather builds up heating needs and temperatures are expected to drop again this week," the publication said.

Gas storage levels have fallen by 25 percent, the worst since 2018, the agency said. The rapid depletion of reserves could create difficulties for its accumulation before the next heating season and have an impact on short-term prices.

The pipe is an excuse: Putin spoke about Russian gas supplies to Europe

And assessed the prospects for the settlement of the Ukrainian conflict in 2025

The day before, on January 5, Gastrade CEO Kostis Sifneos said that Greece should not fear problems with Russian gas supplies because the state will be able to survive without it or thanks to its imports from other countries.

Earlier, on January 2, former Greek Energy Minister Panayiotis Lafazanis called the decision of the EU and Ukraine to stop the transit of Russian natural gas through Ukrainian territory to European countries criminal. According to him, this murderous decision leads Europe to ruin and Ukraine to death.

Russian Foreign Ministry spokeswoman Maria Zakharova said that stopping gas supplies from Russia through Ukraine weakens the EU's economic potential. The diplomat 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, Ukrainian President Volodymyr Zelenskyy (his term of office expired last May) said that the country would not extend the gas transit agreement with Russia. Russian leader Vladimir Putin pointed out that Moscow was not giving up gas supplies through Ukraine.