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Yesterday, Russia went on a charm offensive, talking up the new US-Germany accord that gives a flashing green light to Nord Stream 2.

“Gazprom has always stressed its readiness to continue gas transit through Ukraine, including after 2024, based on economic feasibility,” Gazprom CEO Alexei Miller said, TASS reported. “The matter of new volumes of gas purchases from Russia for transit through Ukraine should be resolved on the basis of market conditions and at market prices.” After the 2024 contract expiration, Ukraine risks losing $2 billion a year in transit revenue.

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