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.
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.