Russian Gazprom Increases Gas Flow to Europe through Last Remaining Pipeline

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Russian gas monopoly Gazprom increased its gas supplies to Europe via the TurkStream pipeline in May by 10.3% compared to April, from 41.7 million to 46 million cubic meters per day, Reuters reported on June 2.
After the cessation of supplies through the Yamal-Europe pipeline and Nord Stream, and the closure of the Russian gas transportation route through Ukraine in January this year, Gazprom has only one remaining pipeline to Europe — through Turkiye, with a capacity of 15.75 billion cubic meters per year.
According to Reuters calculations, the total volume of Russian gas supplies to Europe via TurkStream for the first five months of this year was approximately 7.2 billion cubic meters, compared to 6.6 billion cubic meters for the same period last year.
Based on Gazprom’s data and Reuters calculations, Russia delivered about 63.8 billion cubic meters of gas to Europe through various routes in 2022. In 2023, this volume sharply decreased by 55.6% to 28.3 billion cubic meters, but in 2024 it increased to approximately 32 billion cubic meters.
At the peak of its growth in 2018-2019, annual gas flows to Europe reached between 175 and 180 billion cubic meters.
As reported, Gazprom earned a net profit according to international standards of 1.2 trillion rubles ($14.6 billion) in 2024, compared to a net loss of 629.1 billion rubles ($7.4 billion) in 2023.
Gazprom’s gas supplies to Europe via the TurkStream pipeline in April fell by 7.3% compared to March, from 45 million to 41.7 million cubic meters per day.
Meanwhile, Gazprom’s gas supplies to Europe via the TurkStream pipeline in February set a historic maximum, exceeding 55 million cubic meters per day.
On Jan. 1, 2025, the transit agreement between Gazprom and Naftogaz expired, resulting in Ukraine stopping the transit of Russian gas through its territory.
Ukrainian President Volodymyr Zelenskyy commented on the cessation of Russian gas transit through Ukraine, stating that it was one of Russia’s biggest defeats.