Russia's LNG exports: The EU has already paid around 8.7 billion euros in 2026
EU companies spent an estimated 8.7 billion euros on Russian LNG from the Yamal project in 2026.
Quick Look
- EU companies paid an estimated 8.7 billion euros for Russian liquefied natural gas from the Yamal project in 2026.
- According to calculations, this income supports the Russian war chest in the Ukraine war.
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Why It Matters
The EU is trying to reduce its dependence on Russian energy sources, while Russia continues to export LNG from the Yamal project.
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LNG imports Billions from Europe are still flowing into Putin's war chest
EU companies have already spent an estimated 8.7 billion euros on Russian LNG from the Yamal project in 2026. This is shown by new calculations available to SPIEGEL. The money helps Russia in the Ukraine war.
By Stefan Schultz
November 11, 2026, 6:09 p.m
Open Questions
- Which specific EU corporations are the main buyers?
- Are there plans for a complete ban on imports of Russian LNG?
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This article was originally published by Spiegel Wirtschaft.
