Khoj CouponUK Hotel BookingNews BuckDutch NewsAustralia Hotel BookingTravelNagsFunandflip

blog-icon
search-icon
Home/ top/
Gazprom's Gas Supply to Europe Drops Sharply in June
top

Gazprom's Gas Supply to Europe Drops Sharply in June

The Russian energy company Gazprom saw a plunge in its natural gas supplies to Europe in June as its daily gas flows from the TurkStream pipeline fell by 18.3% from May. Analysts said the drop was a response to maintenance on the pipeline, which is now the only remaining route for Russian gas into Europe after Ukraine declined to renew a five-year transit deal that ended on Jan. 1.

Gazprom's Gas Supply to Europe Drops Sharply in June
By Nikodem Baran | Last Updated: 3 Jul 2025
Turk Stream delivers gas under the Black Sea to Turkey and on to Bulgaria. The disruption in deliveries is another hit to Russia's total gas export volumes to Europe, which were only 8.33 billion cu m between January and June 2025, down from 15.5 billion cu m in the same period a year earlier.

Mounting Financial Struggles for Gazprom
The most recent reduction in supply compounds Gazprom's persistent financial problems. The company suffers from difficult times because exports to Europe continue declining. Internal estimates suggest Gazprom would lose 15 trillion rubles (€162bn) in revenues between 2025 and 2034, as a result of limited export markets.

The Gazprom forecasts suggest that shipments of gas to Europe and Turkey will fall by more than half, from 2019 levels, by 2025, to barely 47 billion cubic meters, and then plunge to 34 billion cubic meters by 2034.

Although Gazprom reported a net profit of €12.95bn in 2024, its base gas business was still in the red, with a net loss of 1tn rubles. This compares with a loss of €6.79 billion in 2023 under international financial reporting standards.

The company's waning gas footprint in Europe is a sign that it is likely to face long-term challenges adjusting to a changing market, limits on its infrastructure and geopolitical isolation.

  • PREV NEWS

    Lithuania Considers Return to Nuclear Power After 15 Years

  • NEXT NEWS

    Sugar Glider Found on Warsaw Doorstep Shocks Resident

    • Related Posts

    Poland Gets €76M EU Aid for 2024 Flood Recovery

    Poland Gets €76M EU Aid for 2024 Flood Recovery

    Poland to Receive Multimillion-Euro Flood Recovery Funds From European Union Poland is to get €76 million in European Union recovery money following severe flooding in 2024 that hit the country as well as neighboring Czech Republic, Slovakia, and Hungary.
     

    Restoration Begins on Warsaw’s Infamous 18th-Century Elizeum

    Restoration Begins on Warsaw’s Infamous 18th-Century Elizeum

    A long-cloistered chapter of Poland’s royal history will soon be partially reopened. Hiding behind the National Museum in Warsaw, within Park Na Książęcem, lies the Elizeum, a deserted underground grotto that dates back to the 18th century and is finally being resurrected after half a century of neglect. 
     

    Polish Professor Shot Dead in Athens Street Attack

    Polish Professor Shot Dead in Athens Street Attack

    A leading Polish economist, PrzemysÅ‚aw Jeziorski, was shot dead in broad daylight on Friday in the Athens district of Agia Paraskevi. The 43-year-old Jeziorski was shot last month by a masked gunman who opened fire at close range, hitting him in the chest and neck with five shots. 

     

    Genoa Low Storms Batter Poland, Cause Widespread Damage

    Genoa Low Storms Batter Poland, Cause Widespread Damage

    Poland has been hit by a devastating series of storms brought on by the Genoa Low cyclone that has caused widespread damage. The storms left four injured and caused severe damage to property and infrastructure as strong winds and heavy rain battered central and eastern China. 
     

    Mateusz Balcerowicz Named New Head of Polish Waters

    Mateusz Balcerowicz Named New Head of Polish Waters

    Mateusz Balcerowicz is the new president of Wody Polskie Mateusz Balcerowicz is the new president of the State Water Management Authority Wody Polskie – Minister of Infrastructure Dariusz Klimczak says. 
     

    Kazimierz the Great Crowned Poland’s Greatest King

    Kazimierz the Great Crowned Poland’s Greatest King

    Nearly 700 years after he died, Kazimierz the Great has a new accolade — this time in the digital age. In a national online poll conducted by the Polish History Museum, Kazimierz was voted the greatest king in the history of the country; he topped 28 monarchs from a span of over 750 years.
     

    Advertisement

    LATEST INSIGHTS

    Potrzebujemy chwili Twojej uwagi

    Uwielbiamy pliki cookie — zarówno te jadalne, jak i cyfrowe, które ulepszają Twoje wrażenia z przeglądania. Pomagają nam one udoskonalać funkcjonalność naszej witryny i Twoje ogólne wrażenia. Podstawowe i funkcjonalne pliki cookie są niezbędne do prawidłowego działania witryny i nie można ich wyłączyć. Ponadto używamy plików cookie w celu optymalizacji wydajności („komfort”) i wyświetlania spersonalizowanych reklam („marketing”), na co potrzebujemy Twojej zgody. Kliknij „Zezwól na wszystkie”, aby wyrazić zgodę na przetwarzanie danych. Uwielbiamy pliki cookie — zarówno te jadalne, jak i cyfrowe, które ulepszają Twoje wrażenia z przeglądania. Pomagają nam one udoskonalać funkcjonalność naszej witryny i Twoje ogólne wrażenia z przeglądania. Podstawowe i funkcjonalne pliki cookie są niezbędne do prawidłowego działania witryny i nie można ich wyłączyć. Ponadto używamy plików cookie w celu optymalizacji wydajności („komfort”) i wyświetlania spersonalizowanych reklam („marketing”), na co potrzebujemy Twojej zgody. Kliknij „Zezwól na wszystkie”, aby wyrazić zgodę na przetwarzanie danych.

    Twoja zgoda obowiązuje również na mocy art. 49 (1) (a) RODO, co oznacza, że ​​Twoje dane mogą być tymczasowo przetwarzane poza EOG, w tym w USA. W takich przypadkach wysokie europejskie standardy ochrony danych mogą nie być w pełni zagwarantowane, a władze USA mogą uzyskać dostęp do Twoich danych bez skutecznego środka prawnego. Możesz wycofać swoją zgodę w dowolnym momencie.

    PrywatnośćWarunki korzystania z serwisu

    Możesz zarządzać swoimi preferencjami dotyczącymi plików cookie lub wycofać zgodę w dowolnym momencie za pośrednictwem naszych ustawień plików cookie. Aby uzyskać więcej informacji, zapoznaj się z naszą Polityką prywatności.