Russia’s Gas Flows to Europe via Turkish Stream Rise in H1 and July Updates
Recent data show a notable uptick in Russia’s gas deliveries to Europe through the Turkish Stream corridor during the first half of the year. According to m.Gazete, which cites the European Network of Transmission System Operators for Gas ENTSOG, the shipments climbed by 40.5 percent, reaching 9.26 billion cubic meters. This strengthens the sense that the Turkish Stream route has regained momentum and is delivering more volume to European markets than in the prior period.
July brought another step up in export activity. In the most recent month reported, pumping volume exceeded 1.5 billion cubic meters, marking a 29 percent rise from June. On a year over year basis, the increase stands at about 9 percent, signaling persistent growth in this corridor as European demand and market conditions evolve through the summer season.
Looking at daily averages, the July pattern shows a robust flow. The average daily volume of gas sent from Russia to the European Union via Turkish Stream reached 48.9 million cubic meters in July. This figure stands as the highest daily average since August of the prior year, when Gazprom supplied an average of 49.4 million cubic meters per day, underscoring the close proximity to the peak level reached late summer last year.
In another development shaping energy discussions in Europe, Wael Sawan, the chief executive officer of Shell, commented on the regional energy situation. He stated that the energy crisis impacting the continent has eased. In his assessment, prices for gas, oil, and electricity have fallen and stabilized across the European market, suggesting a more balanced energy landscape as the year progresses. His remarks align with broader market signals about easing volatility and a gradual normalization of energy prices from previous peaks.
Meanwhile, analysts note that several factors are contributing to the observed price movements and supply patterns. Shifts in global demand, seasonal patterns in heating and cooling needs, and ongoing adjustments in LNG flows all play a role. The Turkish Stream corridor remains a critical link for gas supply to multiple European economies, offering an alternative route that complements existing interconnections and pipelines. Market participants continue to monitor official data releases from ENTSOG and other industry sources to capture the latest trajectory of flow volumes, price levels, and contract dynamics across the continent. The evolving mix of supplies and demand signals points to a period of recalibration for European energy markets, even as the Turkish Stream route demonstrates resilience and the potential for renewed activity in the months ahead.
These developments come amid a global context where energy market watchers assess how regional dynamics interact with broader supply chains. While the near term shows higher throughput on certain routes, longer-term projections remain sensitive to geopolitical factors, infrastructure constraints, and policy responses that influence wholesale energy pricing and contract structures. Stakeholders continue to weigh the implications of sustained higher volumes through routes like Turkish Stream against the broader goal of energy security, diversification of suppliers, and the pursuit of predictable pricing for European consumers. The latest figures provide a data point in this ongoing assessment, illustrating how physical gas flows align with market expectations as Europe navigates its energy needs through the year.
Attributed data sources for the reported figures include ENTSOG as cited by m.Gazete, with the context of industry analysis and market commentary drawn from contemporary energy reporting. The narrative on European energy stability remains subject to revisions as new data are published, but the current trajectory suggests a cautiously optimistic note for pricing and supply reliability in the near term.