European natural gas advanced after Russian President Vladimir Putin cast further doubt on the likelihood of a deal to maintain flows to Europe via Ukraine.

President Vladimir Putin said on Thursday there was no time left this year to sign a new Ukrainian gas transit deal, and laid the blame firmly on Ukraine for refusing to extend the agreement that brings gas to Slovakia,

Vladimir Putin says Russia is 'striving' to end the conflict in Ukraine. The Russian President said the Government was prepared to use intermediate-range hypersonic ballistic missiles or to use more powerful intermediate-range weapons.

Russian President Vladimir Putin said any new deal for transporting natural gas through Ukraine will be challenging.

Vladimir Putin said Slovakia's prime minister offered on his recent visit to Moscow to host potential talks between Russia and Ukraine. Robert Fico made the trip as a halt to Russian gas deliveries via Ukraine beckons.