Europe: Brent oil rebounds,...

Brent crude oil futures for the Front Month on the ICE market reached...

Europe: Electricity prices fall...

During the second week of November, average electricity prices fell in most major...

Europe: Electricity demand rises...

During the week of November 10, electricity demand rose in most major European...

Europe: Solar output falls,...

During the week of November 10, solar photovoltaic production declined across all major...
Supported byClarion Energy
HomeSEE Energy NewsGazprom gas flows...

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 47.6 million cubic meters per day recorded in August 2024.

With Ukraine’s decision not to renew its five-year gas transit agreement with Russia, which expired on January 1, Turkey has become the only remaining transit corridor for Russian gas to Europe. The closure of the Ukrainian route has made TurkStream Russia’s sole channel for supplying European markets.

From January to August 2025, Gazprom delivered around 11.5 billion cubic meters of gas through TurkStream, up from 10.8 billion during the same period in 2024. By contrast, in January–August 2024, overall exports were higher because they also included shipments via Ukraine, totaling 21.1 billion cubic meters.

Long-term data show a sharp contraction in Russia’s gas trade with Europe since the start of geopolitical tensions and sanctions. Annual flows, which peaked at 175–180 billion cubic meters in 2018–2019, dropped to 63.8 billion in 2022. The decline deepened in 2023, with volumes falling by more than half to 28.3 billion cubic meters, before a slight recovery to about 32 billion in 2024.

Gazprom has not released official monthly export figures since early 2023. The company’s dependence on TurkStream highlights both the durability of this southern supply route and the structural constraints now shaping Russian gas deliveries to European customers.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Brent oil rebounds, TTF gas hits six-month low in mid-November

Brent crude oil futures for the Front Month on the ICE market reached their highest settlement price of the week — $65.16/bbl — on Tuesday, November 11. After a 3.8% drop from the previous day, the weekly low was...

Europe: Electricity prices fall in most markets as wind output rises

During the second week of November, average electricity prices fell in most major European markets compared to the previous week. The only exceptions were Italy’s IPEX market and the Nordic Nord Pool market, where prices rose by 3.8% and...

Europe: Electricity demand rises in most markets despite holiday dip

During the week of November 10, electricity demand rose in most major European markets compared to the previous week. Portugal recorded the largest increase at 5.8%, while Germany posted the smallest rise at 1.1%. Demand also grew in Italy,...
Supported byVirtu Energy
error: Content is protected !!