Ukraine Recap: Russia Gas Flows Through Ukraine May End in 2014

The chances of Ukraine and Russia agreeing to renew their five-year gas transit contract are slim given the ongoing war, Ukraine’s Energy Minister German Galushchenko told the Financial Times.

(Bloomberg) — The chances of Ukraine and Russia agreeing to renew their five-year gas transit contract are slim given the ongoing war, Ukraine’s Energy Minister German Galushchenko told the Financial Times.

Moscow said bridges between Crimea and the Russia-occupied part of Kherson region have been struck by missiles.

The US said it would provide an additional $1.3 billion toward the cost of reversing the devastation inflicted on Ukraine by the Russia’s invasion, estimated by the World Bank at more than $400 billion over the next decade. 

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Coming Up

  • Ukraine Recovery Conference concludes in London
  • Central bankers from Ukraine and Poland speak at conference
  • Informal meeting of EU General Affairs Council begins in Stockholm
  • President Joe Biden hosts Indian Prime Minister Narendra Modi at the White House

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