Business · Energy & Commodities · 41 mins ago

US backs plan to restart Russian gas flows to Europe via Ukraine

US backs plan to restart Russian gas flows to Europe via Ukraine

US representatives are pushing to restart Russian gas sales to Europe through pipelines crossing Ukraine.

The idea, raised by Jared Kushner and Steve Witkoff, would have a US intermediary sell the gas to avoid European restrictions.

Russian gas transit through Ukraine stopped after an agreement expired at the end of 2024, and Kyiv declined to renew it.

The proposal comes as the European Union prepares to phase out Russian gas imports next year.

Europe is facing high gas prices and concerns about winter supplies, with the sources linking price pressure to conflict in the Middle East and reporting that German storage was below its target.

The pipelines through Ukraine remain intact, so flows could resume quickly if the plan goes ahead.

The proposal’s future is uncertain, and the sources say it had been shelved before Kyiv resumed attacks on Russian refineries.

4 sources

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