EU's Shift Away From Russian Gas Creates Opportunities for New Suppliers
The European Union's decision to stop importing Russian natural gas will create new opportunities for non-Russian suppliers in Central and Eastern Europe, according to a report by the International Energy Agency (IEA).
As of 2025, Russian pipeline gas accounted for about 10% of EU demand, down from nearly 40% in 2021. The IEA estimates that part of the reduction in supplies could be offset by lower demand for gas resulting from improved energy efficiency and further electrification.
In Central and Eastern Europe, where Russian natural gas still accounts for a significant share of supplies, further diversification is taking place against the backdrop of a significant expansion in global LNG production capacity. The IEA notes that disruptions to shipping through the Strait of Hormuz amid the war in the Middle East have led to a significant reduction in gas supplies to the global market.
The space freed up in the market could be filled by non-Russian suppliers, including those from North America and Africa. The IEA emphasizes that further adaptation of gas infrastructure will be required to replace the remaining supplies of Russian pipeline gas to Central and Eastern Europe.