russian gas

Gazprom gas flows to Europe via TurkStream dip slightly in August but remain above 2024 levels

Gazprom’s natural gas deliveries to Europe through the TurkStream pipeline fell slightly in August, down 2 percent compared to July, according to estimates based on ENTSOG data. Average daily flows dropped to 50.4 million cubic meters from 51.5 million cubic meters in the previous month. Despite the month-to-month decline, volumes were still higher than the […]

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Europe faces winter energy challenges amid reduced Russian gas supplies and rising security risks

Europe is preparing for the upcoming winter season amid reduced Russian pipeline supplies following the halt of transit through Ukraine. Currently, the only active route for Russian gas into the EU is via TurkStream, passing through Bulgaria. Gas traders closely followed meetings between US President Donald Trump, Russian President Vladimir Putin, and later Ukrainian President

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Europe: EU plans to end Russian LNG imports by 2028 as reliance persists in several states

The European Union imported around 4.48 billion euros worth of liquefied natural gas (LNG) from Russia in the first half of 2025, an increase from 3.47 billion euros in the same period of 2024, according to Eurostat. Total EU LNG imports between January and June 2025 amounted to about 26.9 billion euros, with the United

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Greece commits to cutting Russian gas reliance with strict conditions amid energy transition challenges

Greece has reaffirmed its determination to eliminate dependence on Russian natural gas, which still made up 43.7 percent of its gas imports in the first half of 2025. However, Athens has set three firm conditions: energy prices for consumers must not rise, there must be no pathway for Russian gas to reenter the European Union

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Europe: EU’s 2027 Russian gas exit plan sparks TTF price surge amid supply disruptions and global LNG competition

In Week 19 of 2025, TTF gas futures experienced a significant rally, rising by 5.5%—the largest daily increase since mid-March. This surge was mainly driven by the European Union’s newly unveiled plan to completely phase out Russian gas imports by the end of 2027. The policy includes the termination of long-term contracts for Russian gas

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