Kyiv has indicated it will not extend the transit deal, ending over 50 years of gas flows from Siberia to central Europe — a vital revenue stream for Russia since the Soviet era.Ukraine earns up to $1 billion annually in transit fees but has said it does not intend to renew the agreement. Moscow, however, has expressed willingness to continue using the Ukrainian route. Russian President Vladimir Putin said Moscow remains ready to pump gas through Ukraine.Despite these signals, Gazprom’s internal planning assumes no Ukrainian transit next year, the source said, adding that the company expects Russian gas exports to Europe and Turkey—termed "far abroad"—to decline by 20% in 2025. Due to the loss of the Ukrainian route, exports are projected to drop to just under 39 billion cubic meters (bcm) from the more than 49 bcm expected this year.The expected drop excludes gas supplies to China via the Power of Siberia pipeline, which is forecast to reach 38 bcm in 2025.