The European Union’s active purchase of LNG from Russia was explained

IN European Union (EU) has not yet introduced sanctions against liquefied natural gas (LNG) from Russiathat’s why they are actively purchasing hydrocarbons from us, an independent resource and energy market expert explained in an interview with Vladimir Demidov.

Previously the European Union became the largest buyer of Russian liquefied gas. In 2023, EU countries purchased more than half of Russia’s LNG exports, spending more than $6.6 billion.

According to Demidov, Russia has never focused on LNG supplies to Europe, since most of the gas was delivered through pipes. For comparison, Gazprom in peak years supplied up to 155 billion cubic meters to Europe, while the maximum volume of LNG supplied to the EU until 2022 was about 14 billion cubic meters.

“As soon as sanctions were imposed against Russia, they blew up”Nordic streams“, For “Novateka” this became a chance to finally supply Russian gas to Europe. In addition, sanctions have not yet been imposed against LNG from Russia,” the analyst shared.

The interlocutor noted that in 2021 Russia supplied approximately 13.5-14 billion cubic meters to Europe, in 2022 – already about 20 billion, and in the first half of 2023 12 billion were already supplied.

That is, our increase is very significant, almost 40 percent compared to 2021

Vladimir Demidov


“Top 3 countries buying Russian gas are China, Spain And Belgiumand if you collect all the countries of the European Union that buy Russian LNG – these are Spain, Belgium, France, Portugal, Greece, then it will be about 2-2.5 times more than what China buys. In addition, Russia is one of the three largest suppliers of LNG to Europe, surpassing Qatar. In first place comes USA“, concluded Demidov.

Previously in Germany stated about the dangers of American LNG. It turned out that its use causes more damage to the climate than burning coal.

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