
Will Kazakhstan become a major growth market for Russian gas by mid-2026?
Gazprom has set a new all-time daily record for gas deliveries to Kazakhstan, signaling a possible strategic shift as Europe cuts storage levels and long-term demand. With EU gas withdrawals exceeding 27 bcm since October 2025 and injections at an 11-year low, Kazakhstan could emerge as a more important destination for redirected Russian volumes.
Conditions
Resolves “Yes” if, by June 30, 2026, Gazprom and Kazakhstan confirm a sustained increase in cooperation — such as annual gas supplies exceeding 10 bcm, a new multi-year contract, or announced pipeline/capacity expansions — demonstrating a structurally larger role for Kazakhstan in Russian gas exports. Otherwise — No.
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