Theia

Article

Russia's Gas Export Shift: Increased Sales to Asia Amid European Losses

NATURAL GAS

Russia's gas exports were impacted by the loss of Ukrainian transit, but exports to Asia rose, particularly to China via the 'Power of Siberia' pipeline, increasing by 25% in 2025 to nearly 39 billion cubic meters. Exports to Uzbekistan also increased by 30%.

In 2025, LNG exports to the EU surpassed pipeline deliveries for the first time, with 19.9 billion cubic meters of LNG exported. Overall LNG exports from Russia declined by 7% due to sanctions against certain facilities.

Analysts suggest that Kazakhstan may sign a gas supply contract with Gazprom by 2026. Despite sanctions, Russia expects to increase LNG exports in 2026 due to stable deliveries from Arctic LNG-2. However, the EU plans to fully halt Russian LNG imports by 2026, potentially redirecting volumes to the Asia-Pacific market. A commercial contract for gas deliveries to China through the 'Power of Siberia 2' pipeline may also be signed in 2026.

Russia's Gas Export Shift: Increased Sales to Asia Amid European Losses
Jan 26, 2026, 5:03 PM

No comments yet. Be the first to share your thoughts!