background image

EU imports record volumes of liquefied natural gas from Russia

author image

By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on Financial Times or enjoy below

🗞️ Driving the news: Despite the European Union's efforts to reduce its reliance on Russian fossil fuels, the bloc is on track to import a record amount of Russian liquefied natural gas (LNG) in the current year
• Belgium and Spain have emerged as significant buyers, ranking just behind China in terms of Russian LNG imports

🔭 The context: EU LNG imports skyrocketed by 40% in the first seven months of this year, following Russia's Ukraine invasion, contrasting a global average of 6%
• Previously, the EU's reliance on Russian piped gas limited its LNG intake

🌎 Why does it matter for the planet: The increased reliance on Russian LNG not only carries political and economic implications but also reflects the broader challenges Europe faces in its quest for energy security and sustainability

⏭️ What's next: The EU aims to reduce its reliance on Russian LNG, considering restrictions on Russian and Belarusian bookings on EU LNG infrastructure 
• However, these measures are still under negotiation

💬 One quote: “It’s shocking that countries in the EU have worked so hard to wean themselves off piped Russian fossil gas only to replace it with the shipped equivalent” (Jonathan Noronha-Gant, senior fossil fuel campaigner at Global Witness)

📈 One stat: EU gas imports from Russia amounted to 21.6mn, or 16% of the EU’s total 133.5mn cubic meters of LNG imports between January and July
• This makes Russia the EU's second-largest supplier of the liquid fuel after the US

Click for more news covering the latest on energy

Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices


Related Posts


You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)