Belgium and Spain are world’s second and third-biggest importers of Russian LNG this year
EU energyThe EU is set to import record volumes of liquefied natural gas from Russia this year, despite aiming for the bloc to wean itself off Russian fossil fuels by 2027.
The NGO’s analysis is based on data from industry analytics company Kpler, which showed that the EU is importing about 1.7 per cent more Russian LNG than it did when imports hit a record high last year. You are seeing a snapshot of an interactive graphic. This is most likely due to being offline or JavaScript being disabled in your browser.
Alex Froley, senior LNG analyst at consultancy ICIS, said that “long-term buyers in Europe say they will keep taking contracted volumes unless it is banned by politicians”. He added that an EU ban on imports would cause some disruptions to shipping as global trade patterns would need to be rearranged, “but ultimately Europe could find other suppliers and Russia other buyers”.
Kadri Simson, the EU’s energy commissioner, has said that the bloc “can and should get rid of Russian gas completely as soon as possible, still keeping in mind our security of supply”. Russian LNG accounted for 21.6mn, or 16 per cent, of the EU’s total 133.5mn cubic metres of LNG imports between January and July, Kpler data shows, making it the bloc’s second-biggest supplier of the liquid fuel after the US.
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