TurkStream gas flows to Europe halted for maintenance

INVESTING.COMJun 5, 1:40 PM UTC

Key insights

  • Planned maintenance on the TurkStream pipeline has halted Russian gas deliveries to Europe until June 10. This interruption, coupled with the end of the Ukraine transit agreement, tightens European energy supply. While temporary, it highlights Europe's continued reliance on a single, vulnerable route for Russian gas, potentially increasing energy price volatility and impacting industrial production.
TurkStream gas flows to Europe halted for maintenance

Investing.com -- Russian gas deliveries to Europe through the TurkStream pipeline have stopped due to planned maintenance activities, according to data from European gas transmission group ENTSOG and Bulgarian gas network operator Bulgartransgaz.

The maintenance work at the Russkaya pumping station and receiving terminals in Turkey began on June 2 and is scheduled to continue through June 10, Bulgartransgaz stated on its website.

TurkStream remains the sole operational route for Russian gas transit to Europe following Ukraine’s decision not to renew a five-year transit agreement with Moscow that ended on January 1, 2025.

Countries receiving gas through the TurkStream pipeline include Turkey, Serbia, Hungary and Slovakia.

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