Russia's pipeline gas exports to Europe fall by 44% to the lowest in decades
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Russia's pipeline gas exports to Europe fell by 44% in 2025, reaching their lowest level since the mid-1970s. This decline is attributed to the closure of the Ukrainian transit route and the EU's commitment to phase out Russian fossil fuel imports by 2027. The TurkStream remains the only operational route for Russian gas to Europe, with supplies totaling just 18 bcm this year. Previously, exports peaked at over 175-180 bcm annually in 2018-2019, significantly contributing to Russia's budget revenues. Gazprom's exports to Turkey are around 20 bcm per year.
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