economy

January 2, 2026

Russian Gas Exports Via Pipeline To Europe Drop To Lowest Level Since The 70s

Russia also transports LNG to Europe via tanker and is currently the second-largest LNG supplier to the European Union after the United States.

Russian Gas Exports Via Pipeline To Europe Drop To Lowest Level Since The 70s

TL;DR

  • Russian pipeline gas exports to Europe are predicted to drop by 44% in 2025, reaching the lowest level since the mid-1970s.
  • The European Union aims to completely cease Russian gas purchases by the end of 2027.
  • Exports through pipelines peaked between 2018-2019, with over 175-180 billion cubic meters annually.
  • In 2025, Gazprom is expected to export only about 18 billion cubic meters to Europe, exclusively via the TurkStream pipeline.
  • TurkStream is the sole remaining Russian gas route to the European market after Ukraine's transit contract expired.
  • Russia is also a significant supplier of LNG to Europe, ranking second after the United States.

Continue reading the original article