EU Imports of Russian Gas Highest Since Ukraine Invasion: Report
Russian LNG accounted for 14% of EU imports as U.S. shipments jumped 27%, the Institute for Energy Economics and Financial Analysis said.
- European Union imports of Russian LNG reached their highest level since the 2022 invasion of Ukraine, with 6.9 billion cubic meters imported in the first quarter, according to research published Wednesday.
- Pipeline shipments largely stopped after the Ukraine invasion, forcing nations to scramble for energy supplies amid disruptions in the Middle East, including closure of the Strait of Hormuz.
- Imports rose 16% from the first quarter last year, with Russia providing roughly 14% of the total market as Belgium, France, and Spain continue purchasing Russian LNG via sea tankers.
- With American LNG imports jumping 27%, EU nations increasingly turned toward the United States; IEEFA analyst Ana Maria Jaller-Makarewicz stated, "disruptions caused by the war in the Middle East and an overreliance on U.S. LNG show that Europe's plan has failed on both counts."
- Brussels has committed to ending all imports of Russian oil and gas by the end of 2027, while the IEEFA projects the United States will become the EU's largest gas supplier in 2026, potentially accounting for 80% of all LNG imports by 2028.
16 Articles
16 Articles
EU Imports of Russian LNG Surge to Highest Level Since Ukraine Invasion
The European Union’s imports of Russian liquefied natural gas climbed to their highest levels since early 2022 in the first quarter of this year, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA). Russian gas shipments to Europe by pipeline have largely stopped since the full-scale invasion of Ukraine, and Brussels has committed to ending all imports of Russian oil and gas by the end of 2027. However, sev…
EU Imports of Russian Gas Highest Since Ukraine Invasion
The surge came as nations worldwide scramble for energy supplies to replace disrupted deliveries during the Middle East war. But the EU has vowed to end all imports of Russian gas and oil by the end of 2027.
EU imports of Russian gas highest since Ukraine invasion: report
European Union imports of Russian liquefied natural gas hit their highest level in the first quarter since Moscow's 2022 invasion of Ukraine, according to research published Wednesday.The surge came as nations worldwide scramble for energy supplies to replace disrupted deliveries during the Middle East war.But the EU has vowed to end all imports of Russian...
Russia continues to be the second largest supplier of LNG in the EU, despite the ban on imports by 2027. France, Spain and Belgium contributed the most to the 16% increase.
The EU actually wants to get away from Russian gas – but the reality is different. Imports have reached the highest level since the beginning of the Ukraine war. Russia remains the EU's second largest LNG supplier.
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