Finance
Russian pipeline gas exports to Europe down 18% m/m in June, data shows
Published by Global Banking & Finance Review®
Posted on July 2, 2025
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 2, 2025
2 min readLast updated: January 23, 2026
In June, Russian gas exports to Europe via TurkStream fell by 18% due to maintenance, marking a significant shift in energy supply routes.
MOSCOW (Reuters) -Russian energy giant Gazprom's average daily natural gas supplies to Europe via the TurkStream undersea pipeline fell by 18.3% in June from a month earlier amid maintenance of the infrastructure, Reuters calculations showed on Wednesday.
Turkey is the only transit route left for Russian gas to Europe after Ukraine chose not to extend a five-year transit deal with Moscow when it expired on January 1.
Total Russian gas exports to Europe in January-June fell to 8.33 billion cubic metres from 15.5 bcm in the year-earlier period, taking into account supplies via Ukraine, according to the available data.
Calculations based on data from European gas transmission group Entsog showed that Russian gas exports via the TurkStream pipeline declined to 37.6 million cubic metres per day in June from 46 mcm per day in May.
That was also down from 39.5 mcm shipped via the route in May 2024.
Russian gas supplies to Europe via TurkStream rose by around 6.8% in the first half of this year from 7.8 bcm during the same period a year earlier, according to Reuters calculations.
Gazprom, which has not published its own monthly statistics since the start of 2023, did not respond to a request for comment.
Russia supplied about 63.8 bcm of gas to Europe by various routes in 2022, Gazprom data and Reuters calculations show. That plummeted by 55.6% to 28.3 bcm in 2023, but increased to around 32 bcm in 2024.
At their peak in 2018-2019, Russian annual gas flows to Europe reached between 175 bcm and 180 bcm.
(Reporting by Oksana Kobzeva. Writing by Vladimir Soldatkin. Editing by Mark Potter)
Russian gas exports to Europe via the TurkStream pipeline fell by 18.3% in June compared to May.
Total Russian gas exports to Europe in January-June 2023 fell to 8.33 billion cubic metres from 15.5 bcm in the same period the previous year.
Turkey is now the only transit route left for Russian gas to Europe after Ukraine did not extend its transit deal with Moscow.
Russian gas supplies to Europe plummeted by 55.6% to 28.3 bcm in 2023, down from about 63.8 bcm in 2022.
At their peak in 2018-2019, Russian annual gas flows to Europe reached between 175 bcm and 180 bcm.
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