Russia's LNG Exports Up 8% in H1 2026, Driven by European Demand
Quick Look
- Russia's liquefied natural gas (LNG) exports rose 8% in the first half of 2026, adding 2 billion cubic meters.
- The increase was primarily fueled by a 18% surge in deliveries to European markets, where Russia is the second-largest LNG supplier, with Belgium, France, and Spain being key destinations.
AI-generated summary
Why It Matters
Russia has increased its liquefied natural gas (LNG) exports by 8% in the first half of 2026, with a significant portion directed towards European markets.
MOSCOW, July 7. /TASS/. Russia increased its exports of liquefied natural gas (LNG) by 8% (or by 2 bln cubic meters) in the first half of this year, according to the International Energy Agency’s (IEA) Gas Market Report.
"Russia’s LNG exports increased by around 8% (or 2 bln cubic meters) y-o-y in H1 2026. Growth was largely driven by stronger gas deliveries to European markets (up by 18% y-o-y)," the report said.
Russia remains the second-largest supplier of LNG to Europe. The bulk of European LNG imports from Russia goes to Belgium, France, and Spain.
Open Questions
- Future demand trends in Europe
- Impact on global LNG prices


