The EU continues to purchase Russian LNG, but supply volumes have decreased significantly
Quick Look
- The European Union continues to purchase Russian liquefied natural gas, but supply volumes have fallen significantly compared to the past, when Russia's share of the EU's gas balance was about 40 percent.
- This was stated by Russian Deputy Foreign Minister Alexander Grushko in an interview with RIA Novosti, noting that the EU is aware of the difficulty of its position without Russian energy resources.
AI-generated summary
Why It Matters
The EU previously received about 40 percent of its gas from Russia, but supplies have fallen since sanctions and a ban on pipeline gas imports. Now the EU continues to purchase Russian liquefied gas, albeit in smaller volumes.
The European Union (EU) continues to purchase Russian liquefied natural gas (LNG), but supply volumes have decreased significantly. This was announced by Deputy Minister of Foreign Affairs of Russia Alexander Grushko in a conversation with RIA Novosti.
According to him, the current volumes are incomparably smaller than the previous ones, when Russia’s share in the EU’s gas balance was about 40 percent.
Earlier, Grushko noted that the European Union understands the complexity of its situation without Russian energy resources after the ban on gas imports from Russia fully comes into force. He emphasized that gas is in high demand at the global level, and the EU will “bite its elbows.”
Open Questions
- What are the current exact volumes of Russian LNG supplies to the EU?
- How long can the EU maintain purchases of Russian LNG under political pressure?
- What alternative gas sources is the EU considering to completely replace Russian supplies?
