Gazprom delivered solely 9.93 billion cubic metres of fuel to its European shoppers in January–July 2025, nearly half the quantity equipped over the identical interval final yr (18.3 billion cubic metres).
Supply: The Moscow Occasions, an impartial Amsterdam-based information outlet
Particulars: This decline is because of the lack of transit by means of Ukraine, in addition to the restricted capability of TurkStream, the one operational pipeline supplying fuel to the EU.
Forecasts present that if export volumes stay on the present tempo, Gazprom could provide solely about 17 billion cubic metres of fuel to Europe by the tip of the yr, setting a new report low for the corporate because the Nineteen Seventies.
In contrast with peak export volumes of 170–180 billion cubic metres yearly earlier than 2019, the present figures have dropped dramatically.
For the reason that starting of 2025, Russia has misplaced transit by means of Ukraine, and though provides by way of TurkStream rose by 7% in contrast with the earlier yr, this enhance was inadequate to offset the lack of Ukrainian pipeline capability, which may transport greater than 140 billion cubic metres of fuel yearly.
In consequence, Gazprom has been compelled to scale back fuel manufacturing. Based on Russia’s Federal State Statistics Service, within the first half of 2025, fuel manufacturing in Russia fell by 3.2% year-on-year, whereas liquefied pure fuel (LNG) manufacturing dropped by 5.2%.
In 2024, Gazprom extracted 416.19 billion cubic metres of fuel, of which solely 355.23 billion had been offered on exterior and home markets. This left the corporate with round 60 billion cubic metres of unsold fuel.
Background: On 1 January 2025, Ukraine stopped the transit of Russian fuel. The fuel transmission system has since been working in a non-transit mode.
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