Attempts to find new markets failed: the contract with China was not signed, the draft gas hub in Turkey was folded.
Russia has continued to lose positions in the European gas market, where it has ruled since the Soviet era. In January-July 2025, Russian Gazprom He only put 9.93 billion cubic gas meters of Europe clients – it was about half the same as the same period last year (18.3 billion cubic meters). The Moscow Times reported this Monday, August 4.
If the speed is preserved, at the end of the export year will be about 17 billion cubic meters – the lowest indicator from the beginning of the 1970s. For comparison, in 1975 the USSR exported 19.3 billion cubic meters to Europe, and in 2018-2019, volumes reached 170-180 billion cube annually.
From the beginning of 2025 Gazprom Traveling is completely lost by Ukraine. Delivens by Turkish stream They increased by 7% in the annual scale, but it was not enough to compensate the capacities of the Ukrainian gas delivery system.
Due to the reduction in export, the company is forced to reduce labor. According to the Federal State Statistics Service, in the first half of 2025, gas production in Russia was reduced by 3.2%, and liquid – by 5.2%.
In 2024 Gazprom I got 416 billion cubic gas meters of gas, of which 60 billion remained unaware. This is more than the annual Poland consumption (20 billion) and corresponds to getting to the UAE (55 billion).
Attempts to find new markets failed: the contract with China was not signed, the draft gas hub in Turkey was folded. Russian authorities are looking for ways to use excess gas in the country – from power plants for data centers to the support of the coal industry.
As reported, the European Union has refused to introduce the ban on importing Russian liquid natural gas to future penalties.
Remember, despite a significant reduction in gas supply from Russia after 2022, the EU last year increased the import of liquid gas from the Russian Federation – it covers 19% of the needs of the European Union.
EU softens the rules for filling gas storages
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.