Gazprom’s revenue from gas deliveries through Ukraine stands at roughly 4 to 5 billion dollars each year, derived from moving about 10 to 15 billion cubic meters of gas. This figure reflects current pricing and emphasizes the Ukraine corridor as one of Russia’s two principal routes to European markets, alongside Turkish Stream. The information is reported by RIA Novosti and attributed to Alexander Amiragyan, who leads the Center for Fuel Economy and Energy Complex Industries at the Center for Strategic Studies Foundation.
Ukraine’s Energy Minister, German Galushchenko, indicated that extending the existing gas transit agreement with Russia beyond its current term is unlikely. The prevailing arrangement is a five-year contract obligating Gazprom to export 65 billion cubic meters in the first year followed by 40 billion cubic meters in each of the subsequent four years.
Gazprom maintains the Ukraine transit option because it yields a predictable revenue stream even as supplies to some other European countries tighten. Amiragyan estimates that the annual transit of 10 to 15 billion cubic meters could bring in about 4 to 5 billion dollars at prevailing prices, underscoring the corridor’s financial importance for Gazprom.
Maria Belova of Vygon Consulting notes that although the EU has signaled a gradual reduction of Russian gas dependence by 2027–2028, several European companies have already signaled intentions to pursue alternative sourcing. In a less favorable scenario for gas deliveries to Western Europe, the Ukrainian transit network could remain in use for another one to two years, according to Belova.
Historical context remains relevant: when oil prices decline to around $50 per barrel, trade dynamics shift and regional energy strategies adjust accordingly, influencing how transit routes are valued and utilized in practice. This backdrop helps explain why talks on transit terms and route reliability stay central to energy policy discussions in the region.