Russia struggles to reroute gas exports
Distance and politics mean there are no easy solutions to Moscow’s pipeline problems
Russia has largely been able to maintain its oil exports despite de jure and de facto restrictions on destination, mode of transit and price. But it does not have the same luxury of flexibility when it comes to gas. Time, distance, cost and politics are all against it finding a solution to its gas export problem. Russia sent 167bn m³ of gas to Europe in 2021 but only c.60bn m³ in 2022, a volume that could fall further still. If Russia wants to find new markets for this gas to the east, it will need to access or build infrastructure to move stranded production out of Western Siberia. Power of Siberia 2, Russia’s long-in-development pipeline designed to send additional gas to China, has taken
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation






