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

NATURAL GAS

Russia's gas exports are shifting towards Asia, with sales to China via the 'Power of Siberia' pipeline increasing by 25% in 2025, while exports to Uzbekistan rose by 30%. Although overall LNG exports declined by 7% due to sanctions, deliveries to the EU from LNG surpassed pipeline shipments for the first time, and Russia anticipates further growth in LNG exports in 2026 despite the EU's plans to cease imports by that year. A potential gas supply contract with Kazakhstan and a commercial agreement for the 'Power of Siberia 2' pipeline are also expected in 2026.

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

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