Russia's energy dominance is fading with pipeline gas exports reportedly set to fall by 50% this year

• Russia's pipeline gas exports are set to halve this year, according to a report from a Kremlin-affiliated news outlet.
• Those losses are largely due to Russia slashing pipeline gas flows to Europe last year in retaliation for sanctions.
• But Russia's economy is now struggling as it pulls in lower energy revenue, experts say.

Russia's pipeline gas exports could fall by 50% this year, another sign that the nation's dominance in global energy markets is fading as it struggles to find customers for its products.