Finance

Russian pipeline gas exports to Europe stable in November, data shows

Published by Global Banking & Finance Review

Posted on December 8, 2025

2 min read

· Last updated: January 20, 2026

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Russian pipeline gas exports to Europe stable in November, data shows
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MOSCOW, Dec 1 (Reuters) - Russian energy giant Gazprom's average daily natural gas supplies to Europe via the TurkStream undersea pipeline were in line with the previous month in November, at 54.3

Russian Gas Exports to Europe Steady in November, Data Indicates

MOSCOW, Dec 1 (Reuters) - Russian energy giant Gazprom's average daily natural gas supplies to Europe via the TurkStream undersea pipeline were in line with the previous month in November, at 54.3 million cubic metres per day, Reuters calculations showed on Monday.

The link is the only Russian gas transit route left to Europe after Ukraine chose not to extend a five-year transit deal with Moscow that expired on January 1.

Total Russian gas supplies to Europe via TurkStream stood at 16.3 billion cubic metres in the first 11 months of this year, up from 15.2 bcm during the same period of 2024, according to Reuters calculations based on data from European gas transmission group Entsog.

Gazprom's total pipeline gas exports to Europe in January-November last year amounted to 29.2 bcm, a figure which included gas pumped via Ukraine.

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

If the current pace is maintained, Russian pipeline gas exports to Europe may amount to around 18 bcm this year, down 44% from 2024 due to the loss of the Ukraine transit.

In 2024, Gazprom's gas exports to Europe rose by 13% to around 32 bcm, according to Reuters calculations.

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

On top of that, Gazprom's exports to Turkey amount to around 20 bcm per year.

(Reporting by Oksana Kobzeva; Writing by Vladimir Soldatkin)

Key Takeaways

  • Russian gas exports to Europe via TurkStream stable in November.
  • Gazprom's daily supply averaged 54.3 million cubic metres.
  • TurkStream is the sole Russian gas route to Europe post-Ukraine deal.
  • Total exports for January-November 2024 were 29.2 bcm.
  • Gazprom's exports to Turkey are around 20 bcm annually.

Frequently Asked Questions

What is natural gas?
Natural gas is a fossil fuel used as an energy source for heating, cooking, and electricity generation. It is primarily composed of methane and is considered a cleaner alternative to other fossil fuels.
What is Gazprom?
Gazprom is a Russian state-owned energy company that is the world's largest producer of natural gas. It is involved in the extraction, production, and distribution of gas and oil.
What is the TurkStream pipeline?
The TurkStream pipeline is a natural gas pipeline that runs under the Black Sea, connecting Russia to Turkey and further to Europe. It is a key route for Russian gas exports.
What is a transit route?
A transit route is a pathway through which natural gas or other resources are transported from one location to another, often crossing multiple countries or regions.

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