Economics

Gazprom, Ukraine Agree on Gas Transit, Settle Legal Disputes

  • Deal will allow Russian gas to keep flowing through to Europe
  • Accord comes as U.S. imposes sanctions on Russia’s Baltic pipe

Photographer: Vincent Mundy/Bloomberg

Lock
This article is for subscribers only.

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

Gazprom PJSC and Ukraine reached a landmark agreement that will allow Russian gas to flow to Europe via its neighbor through the end of 2024 and settle all of the related legal disputes, even as the U.S. imposed sanctions on a separate Russian pipeline project in the Baltic.