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Russia's Gas Exports Rise, But Europe Cuts Imports

2/2/2026

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Story summary
  • In 2026, Russia increased gas exports via TurkStream by 10.3% from January 2025, totaling 1.73 billion cubic meters.
  • The rise follows a 2022 decline due to transit cessation through Ukraine and Nord Stream pipeline.
  • Even with TurkStream gains, Russia’s gas sales to Europe hit 50-year low, down 44% from 2024.
  • European Union has adopted regulations phasing out Russian gas imports, with a liquefied natural gas ban starting in 2027.