Tricky Profit
  • Stock
  • Economy
  • Politics
  • Editor’s Pick
Politics

Russia’s pipeline gas exports to Europe hit 50-year low after Ukrainian route closure

by December 31, 2025
by December 31, 2025 0 comment

Russia’s pipeline gas exports to Europe plummeted by 44% in 2025, reaching their lowest level since the mid-1970s, driven by the closure of the Ukrainian route and the European Union’s ongoing phase-out of Russian fossil fuel imports, Reuters calculations showed on Tuesday.

The European Union has made a firm declaration that it intends to completely halt the importation of natural gas from Russia by the close of 2027.

This ambitious commitment is a cornerstone of a broader strategic effort designed to achieve two primary objectives. 

Firstly, the move is critical to overcoming the bloc’s historical and substantial energy dependency on Russia, a reliance that has been exposed as a significant geopolitical vulnerability. 

Secondly, and with direct bearing on the current conflict, the cessation of gas imports is intended to withhold substantial revenue streams that could otherwise be used to finance Russia’s ongoing military campaign in Ukraine. 

EU’s policy shift

This policy shift is a major element of the EU’s wider response to the war, seeking to exert economic pressure while simultaneously bolstering the Union’s energy security and accelerating its transition to alternative energy sources. 

The 2027 deadline provides a challenging but achievable timeframe for Member States to diversify their energy suppliers, invest in renewable energy infrastructure, and expand alternative fuel import capacity, such as Liquefied Natural Gas (LNG) terminals.

Europe was previously the primary source of budget revenues for Russia from oil and gas sales.

This was facilitated by pipelines that were constructed between the Soviet Union and Western Europe during the 1960s and 1970s.

In 2018-2019, Russia’s pipeline gas exports to Europe reached a high of over 175-180 billion cubic metres (bcm) annually. 

These exports generated tens of billions in revenue for Gazprom, a company in which the Russian state holds a controlling stake, and for the Russian state itself.

Ukraine declined to renew transit deal

However, this year, Gazprom delivered only 18 bcm of gas. This supply was exclusively sent via the TurkStream undersea pipeline, according to Reuters, which based its calculations on data from the European gas transmission group Entsog.

This was the lowest volume delivered since the early 1970s. 

In the early years of exporting gas from Siberia, the Soviet Union’s supplies to Europe significantly increased, according to Gazprom data.

Exports grew from 6.8 bcm in 1973 to 19.3 bcm in 1975.

TurkStream now serves as Europe’s sole remaining route for Russian gas transit.

This follows Ukraine’s decision not to renew its five-year transit agreement with Moscow, which lapsed on January 1.

In addition to Turkey, countries such as Serbia, Hungary, and Slovakia receive gas through the TurkStream pipeline.

Russia is the EU’s second-largest supplier of LNG after the US, which is exported to Europe via tankers.

Supplies to Europe via TurkStream saw a notable increase in December, reaching approximately 56 million cubic metres per day.

This represents a 12.9% rise compared to the same month the previous year and a 3% increase from the volumes recorded in November, according to the data.

Exports to Europe through TurkStream have seen an increase of approximately 7% this year, rising from 16.8 bcm in 2024, according to the data. 

When combined with the volumes transported via the Ukrainian route, total exports reached 32 bcm in 2024, marking a 13% increase compared to 2023.

Turkey receives approximately 20 bcm of gas annually from Gazprom.

The post Russia’s pipeline gas exports to Europe hit 50-year low after Ukrainian route closure appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Commodity wrap: gold, silver rebound; oil extends gains on geopolitical tensions
next post
Why analysts think this company could touch $5 trillion valuation in early 2026

You may also like

US attacks Kharg Island: why this oil chokepoint...

March 16, 2026

How the Hormuz blockade, Iran strikes are reshaping...

March 16, 2026

UK economy stalls as oil surge raises inflation...

March 14, 2026

Brazil industry rises 1.8%, but why are so...

March 14, 2026

VC investors’ $200 billion hole: Where did all...

March 13, 2026

Brazil inflation rises to 0.70% in February

March 13, 2026

EUR/USD forecast: death cross nears ahead of Fed,...

March 13, 2026

Iran may not be winning, but it’s pricing...

March 13, 2026

Clean energy shift could shield UK economy from...

March 12, 2026

US CPI rises 0.3% in February; Fed seen...

March 12, 2026

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • US attacks Kharg Island: why this oil chokepoint could play the decider?

      March 16, 2026
    • How the Hormuz blockade, Iran strikes are reshaping Middle East economics

      March 16, 2026
    • BlockFills bankruptcy signals deeper cracks in crypto sector

      March 16, 2026
    • Is Ethereum gearing up for $2,300 as crypto markets rebound?

      March 16, 2026
    • Is Mantle the next altcoin ready to explode as Bitcoin nears $74K?

      March 16, 2026

    Disclaimer: TrickyProfit.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 TrickyProfit.com All Rights Reserved.

    Tricky Profit
    • Stock
    • Economy
    • Politics
    • Editor’s Pick