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    Home > Finance > Russia's pipeline gas exports to Europe jump 10% in January on year
    Finance

    Russia's pipeline gas exports to Europe jump 10% in January on year

    Published by Global Banking and Finance Review

    Posted on February 2, 2026

    2 min read

    Last updated: February 2, 2026

    Russia's pipeline gas exports to Europe jump 10% in January on year - Finance news and analysis from Global Banking & Finance Review
    Tags:oil and gasInternational trade

    Quick Summary

    Russian gas exports to Europe via TurkStream rose 10% in January, reaching 1.73 bcm. This increase follows the closure of the Ukrainian transit route.

    Table of Contents

    • Overview of Russian Gas Exports
    • Current Supply Statistics
    • Impact of Transit Routes
    • Historical Context of Exports

    Russian Gas Exports to Europe Surge 10% Year-on-Year in January

    Overview of Russian Gas Exports

    MOSCOW, Feb 2 (Reuters) - Russian energy giant Gazprom's average daily natural gas supplies to Europe via the TurkStream undersea pipeline rose 10.3% in January year-on-year, Reuters calculations showed on Monday.

    Current Supply Statistics

    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 that expired in January 2025.

    Impact of Transit Routes

    Total Russian gas supplies to Europe via TurkStream stood at 1.73 billion cubic metres (bcm) in January compared to 1.57 bcm during the same period a year earlier, according to Reuters calculations.

    Historical Context of Exports

    Calculations based on data from European gas transmission group Entsog showed that Russian gas exports via the TurkStream pipeline rose to 55.8 million cubic metres (mcm) per day in January from 50.6 mcm in January 2025. That was in line with December, when exports were 56 mcm per day. 

    The company, which has not published its own monthly statistics since the start of 2023, did not respond to a request for comment.

    In 2025, Gazprom's gas exports to Europe sank by 44% to their lowest since the mid-1970s following the closure of the Ukrainian route, according to Reuters calculations. Last year, Gazprom's supplies totalled just 18 bcm.

    Russian pipeline gas exports to Europe peaked at more than 175-180 bcm per year in 2018-2019.

    (Reporting by Oksana Kobzeva; Editing by Bernadette Baum)

    Key Takeaways

    • •Gazprom's gas exports to Europe rose by 10% in January.
    • •TurkStream is the main transit route for Russian gas to Europe.
    • •Russian gas supplies to Europe totaled 1.73 bcm in January.
    • •Gazprom's exports have decreased since the Ukraine route closure.
    • •Russian gas exports peaked at 175-180 bcm per year in 2018-2019.

    Frequently Asked Questions about Russia's pipeline gas exports to Europe jump 10% in January on year

    1What is natural gas?

    Natural gas is a fossil fuel composed primarily of methane, used as an energy source for heating, electricity generation, and as a fuel for vehicles.

    2What is the TurkStream pipeline?

    The TurkStream pipeline is a major natural gas pipeline that runs from Russia to Turkey, facilitating the transportation of gas to Europe.

    3What are transit routes?

    Transit routes are pathways through which natural gas or other commodities are transported from one region to another, often involving pipelines.

    4What is Gazprom?

    Gazprom is a state-owned energy company in Russia, primarily involved in the extraction, production, and distribution of natural gas.

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