Gazprom’s deliveries to Europe at the end of 2025 have decreased by another 44%, to 18 billion cubic meters. This was reported by Reuters, citing statistics from the “Turkish Stream” – the last operating pipeline through which Russian gas is supplied to European countries.
The volumes of gas pumped to what was once Gazprom’s largest sales market have fallen to their lowest level since 1973: back then, under the first contracts between the USSR and Austria and Italy, Europe received 6.8 billion cubic meters from Siberian fields. By 1975, when the “gas for pipes” deal with Germany came into effect, exports increased to 19.3 billion cubic meters, to 54.8 billion by 1980, and to 110 billion by the early 1990s.
The record for deliveries was set in 2018-2019, when Gazprom pumped 170-180 billion cubic meters to European countries, or 80% of all gas sold to foreign countries.
Since then, the volumes have collapsed by 10 times. And the largest sales market for Gazprom has become China, which buys raw materials at a discount of about 40%. This year, according to Gazprom’s CEO Alexei Miller, Beijing purchased 38.8 billion cubic meters via the “Power of Siberia” pipeline.
Gazprom’s total exports to foreign countries, according to BCS estimates, will amount to 78 billion cubic meters – 3 billion less than a year earlier, but slightly better than the result of 2023 – the worst for Russia since 1985 (70 billion cubic meters) (The Moscow Times).
