The final contract to bring Russian gas to Europe via pipeline is about to expire

Thanh Hà |

Russia is in talks with its Turkish partners about gas contracts and the possibility of extending them until next year.

Gazprom remains in touch with its Turkish partners, Deputy Prime Minister Alexander Novak said when asked whether Russia will extend its gas supply contracts to Turkey next year.

Previously, Mr. Novak informed that many Turkish enterprises expressed interest in extending expiring gas contracts with Russia, emphasizing that Gazprom is negotiating.

The minutes of the 19th meeting of the Russia- Türkiye Intergovernmental Committee on Trade and Economic Cooperation also affirmed that both sides wish to extend gas supply and export contracts on the principle of mutual benefit.

There are currently a number of contracts between Gazprom and the Turkish state oil and gas corporation Botas set to expire at the end of this year: Gas supply contracts via the Blue Stream route, with a capacity of 16 billion m3/year); 4-year contracts for 5.75 billion m3/year via the TurkStream gas pipeline.

As Turkey liberated the gas market and opened up private businesses, Gazprom Export signed long-term contracts with a number of Turkish private companies in 2007 and 2012. Many of these contracts will also expire in the 2025-2026 period.

In 2025, Gazprom held five meetings with its Turkish partners to assess the current status and prospects for Russian gas supplies to the country. Including contents related to cooperation with Botas and Bosphorus Gaz Corporation.

In the development related to Russian gas, the average daily gas flow that Gazprom moves to Europe via the TurkStream route in November reached 54.3 million m3/day, equivalent to the previous month.

This is the only pipeline for Russian gas to Europe after Ukraine failed to extend a transit agreement with Russia earlier this year.

In the first 11 months of 2025, Russia pumped 16.3 billion cubic meters of gas to Europe via TurkStream, up from 15.2 billion cubic meters in the same period in 2024, based on data from the European gas transmission network Entsog.

Gazprom's total pipeline gas exports to Europe in the first 11 months of last year reached 29.2 billion cubic meters, including gas passing through Ukraine.

Gazprom has not released monthly figures since the beginning of 2023.

If the current pace is maintained, the total volume of Russian gas exported to Europe via the pipeline in 2025 could reach about 18 billion cubic meters, down half of 2024 due to the loss of the Ukrainian transit route.

In 2024, Russian gas exports to Europe will increase by 13%, to about 32 billion m3.

However, this figure is still very low compared to 175-180 billion m3/year in 2018-2019, when Russia was still the main supplier to the European market.

In addition, Gazprom still exports about 20 billion cubic meters of gas/year to Turkey.

Thanh Hà
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