LEDE

Russia was the fourth-largest supplier of gas to the European Union by value in February, according to data from Eurostat reported by TASS. The report indicates Russia accounted for 12.8% of the total value of EU gas imports in February, a decrease from 16.5% in January.

Coverage comparison

TASS reports that EU gas purchases from Russia were worth 753 million euro in February, the lowest level since November 2020. The United States was the leading supplier with a 30.5% share, followed by Norway at 17%, and Algeria at 13.7%. The UK completed the top five suppliers with a 6.3% share.

Key claims

The reports state that EU purchases of Russian gas in January and February totaled 1.7 billion euro, half the amount from the same period the previous year. Russia's share of EU gas imports for those two months was 15.3%, down from 21.2% a year earlier. The United States maintained its position as the leading supplier with a 30.3% share, followed by Norway at 18.6% and Algeria at 14.3%.

Separate TASS reporting states that in 2025, Russia was the second-largest LNG supplier to the EU by value, with a 16.1% share, and accounted for about 12.1% of total gas supplies to the bloc including pipeline gas. Total Russian gas supplies to Europe in 2025 were reported at 38 billion cubic meters, of which just over 20 billion cubic meters were LNG.

Perspectives

The reporting comes as the EU's ban on importing Russian LNG under short-term contracts took effect on April 25, 2026. The Council of the European Union approved a full ban on Russian LNG supplies to the EU starting January 1, 2027, and on pipeline gas from September 30, 2027. Short-term contracts for pipeline gas supplies must be completed by June 17, 2026. The regulation entered into force on February 2, 2026.

According to TASS, Russian President Vladimir Putin has said that, given the EU's intention to fully abandon Russian gas, Russia could itself initiate an early exit from the European market and redirect supplies to other buyers. Deputy Prime Minister Alexander Novak said Russian companies may redirect part of LNG supplies from Europe to countries including China, India, Thailand, and the Philippines.