Foreign Trade
In 2025, global demand for energy resources continued to grow. The share of natural gas in the global energy mix also increased, despite the declared intention of many developed countries to move away from fossil fuels. This trend is largely driven by the combination of advantages offered by natural gas: its relatively low carbon footprint, non‑toxic nature during transportation and storage, and effectiveness as a balancing fuel in power generation, allowing for the rapid replacement of renewables such as wind, solar, and hydropower. At the same time, politically driven energy policy decisions in a number of Western countries, along with energy security concerns and price volatility, continued to exert a negative impact on the global energy sector.
The reporting year saw a significant increase in LNG export capacity, primarily due to the commissioning of new projects in the United States.
In Europe (excluding the CIS), natural gas consumption in 2025 grew mainly as a result of weather conditions and reached 488.8 bcm, representing a 2.8% rise compared with 2024. In Q2 and Q3 2025, gas demand in Europe was also supported by the need to replenish underground gas storage facilities. A considerable share of the growth in demand — around 6.0 bcm — came from the Turkish market, driven by unfavorable weather conditions in Q1 2025 and the steadily growing number of consumers connected to the gas network. At the same time, gas demand in Europe declined among households and other consumers connected to local distribution networks, while consumption by power generation and industrial companies increased.
The main driver behind the reduction in pipeline gas supply across Europe remained the artificial restriction of Russian gas exports to European markets as a result of sanctions and political decisions by certain European buyers to cease purchasing Russian gas.
During the reporting year, Europe increased its imports of LNG, including supplies from the United States. Nevertheless, this source of supply has already demonstrated lower reliability and a higher degree of dependence on market conditions compared with pipeline gas deliveries.
In 2025, Gazprom continued to supply natural gas to China. By the end of the year, pipeline gas deliveries to China went up by 24.8%.
At the 14th St. Petersburg International Gas Forum, Alexey Miller, Chairman of the Management Committee of PJSC Gazprom, and Roman Sklyar, First Deputy Prime Minister of the Republic of Kazakhstan, signed Addendum No. 2 to the Agreement between the Government of the Republic of Kazakhstan and Gazprom on cooperation in the gas sector starting from 2025.
In 2025, Gazprom also kept implementing its pilot project aimed at developing the NGV market in Tanzania. In the reporting year, a Memorandum of Understanding on cooperation in the field of gas motor fuel was also signed, aimed at promoting the use of natural gas as an alternative fuel for road transport.
In 2025, Gazprom continued to strengthen its engagement with international energy organizations focused on developing mutually beneficial cooperation with Russia. Gazprom representatives took part in events organized by the International Business Congress energy initiative, the Global Gas Centre, the Boao Forum for Asia, the Gas Exporting Countries Forum, and the Russian-Chinese Energy Business Forum. These platforms provided an opportunity to discuss key issues shaping the future of energy markets, including the transformation of global gas supply chains, digitalization and the application of artificial intelligence in the industry, technological sovereignty, the development of the LNG market, and environmental sustainability. Together, these discussions reflect the industry’s broader shift toward innovation and sustainable development.