Focus on the BIG picture.
Wednesday, Jul 22, 2026

European Imports of Russian LNG Surge to Record Levels Amidst Geopolitical Tensions

Europe's reliance on Russian liquefied natural gas grows, despite efforts to sever energy ties following conflict in Ukraine.
Europe's importation of liquefied natural gas (LNG) from Russia reached unprecedented levels last year, underscoring the continent's ongoing energy dependency despite concerted efforts to reduce reliance on Russian fossil fuels in the wake of the conflict in Ukraine.

According to data from Rystad Energy, 17.8 million tonnes of Russian LNG were delivered to European ports in 2024, a notable increase of over 2 million tonnes compared to the previous year.

Jan-Eric Fähnrich, a gas analyst at Rystad Energy, highlighted the surge, indicating that LNG imports were not only increasing but had reached 'record levels.' This influx occurs amid Europe’s significant reduction of pipeline gas imports from Russia, redirecting its energy procurement strategy by importing LNG from multiple nations, with Russia becoming the second-largest supplier behind the United States.

In 2024, Europe imported 49.5 billion cubic metres (bcm) of Russian gas via pipelines and an additional 24.2 bcm in LNG shipments, according to Fähnrich.

Notably, some of this LNG may have been resold to other countries.

This development coincides with Ukraine halting Russian gas flows through its pipelines, a legacy Soviet-era route, amid three years of military tensions between the two nations.

The continuation of Russian LNG imports has garnered criticism from various quarters.

Campaigners assert that the European Union's continued purchase of Russian fuels contradicts its support for Ukraine and its climate objectives.

Despite reductions in energy demand and regulatory easing for renewable energy projects, the EU is reportedly not transitioning its economy rapidly enough to meet climate goals, which aim to arrest planetary heating at 1.5°C (2.7°F) by century's end.

The Centre for Research on Energy and Clean Air (Crea) reported that the EU's import expenditure on Russian LNG amounted to €7.32 billion in 2024, with a 14% increase in volume, culminating in 17.5 million tonnes of imports.

Vaibhav Raghunandan, a Russia analyst at Crea, notes that Russian LNG is offered at competitive prices compared to alternatives, motivating companies to buy in their self-interest.

Although the EU plans to phase out Russian fossil fuel imports by 2027, a full ban on gas, unlike coal and oil, has not been imposed.

However, in June, EU member states consented to prohibit Russian LNG re-exports to non-EU countries effective from March 2025.

Analysts, including Fähnrich, suggest that the recent spike in Russian LNG imports may partly result from efforts to secure volumes before impending sanctions.

Ukrainian activists have criticized these developments, arguing that existing loopholes in sanctions allow Russia to continue financing its war efforts with fossil fuel revenues.

Svitlana Romanko, founder of the Ukrainian climate advocacy group Razom We Stand, urged the EU to enforce stricter prohibitions on Russian LNG imports and address weaknesses in the sanctions regime.

Romanko emphasized the potential environmental benefits of tightening sanctions, noting that doing so could slash upstream greenhouse gas emissions from Russia's oil and gas sectors by 25% by 2030.

If renewable energy were to replace fossil fuels, annual end-use emissions could decrease by 300 million tonnes.

The EU faces a pivotal choice, Romanko remarked, between perpetuating war and pollution or embracing a sustainable, secure energy future.
Newsletter

Related Articles

0:00
0:00
Close
Poland Warns Russia Could Use Captured Ukrainian Drones in False Flag Operations Near NATO Borders
Indian Opposition Leaders Detained During Nationwide Protests Over Examination Paper Leaks
Federal Judge Approves Record 1.5 Billion Dollar Anthropic Copyright Settlement
International Monetary Fund Cuts Global Growth Forecast to 3 Percent Amid Conflict and Energy Pressures
Ukraine Launches Long-Range Drone Attacks on Moscow as Russian Strikes Damage Aid Facilities
United States Imposes 50 Percent Tariffs on Canadian Imports as Trade Dispute Escalates
United States and Iran Exchange Heavy Strikes as Regional Conflict Intensifies
Miliband Sets Climate and International Law at Centre of UK Diplomacy
US Gasoline Returns to $4 as Renewed Iran Fighting Disrupts Oil Flows
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Orders 50% Tariffs on Selected Canadian Imports
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Protests Continue in Bologna After Moroccan Entrepreneur Dies During Police Arrest
Chinese AI Startup Moonshot Unveils Kimi K3 and Advances Hong Kong IPO Plans
Oil Prices Fall as Proposed US-Iran Ceasefire Eases Market Concerns
United States Imposes 50 Percent Tariffs on Key Canadian Imports as Trade Dispute Escalates
EU Imposes Record €550 Million Digital Services Fine on AliExpress
AI Enters the Pulpit as Pastors Debate the Limits of Machine-Assisted Sermons
London’s Housing Starts Collapse as Planning and Building Costs Stall Development
Charlie Sheen’s Daughter: "My Dad Didn’t Buy Me a House, My Breasts Bought It"
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Naturally Conceived Identical Quadruplets Born in Rare Brisbane Delivery
Tate Brothers Fight British Extradition Bid After Miami Arrests
Spain Defeats Argentina After Extra Time to Win the 2026 FIFA World Cup
Israel Weighs Nationwide Ban on Civilian Drones Over Assassination Threats
International Monetary Fund Keeps Global Growth Forecast at Three Percent
Apple and United States Justice Department Begin Early Antitrust Settlement Talks
European Union Unveils Sweeping Carbon Market Reform and €100 Billion Industrial Decarbonization Bank
United States and Iran Intensify Military Conflict as Tankers Are Seized in the Strait of Hormuz
Jingye Demands Full Compensation After Britain illegally Nationalized British Steel
Just Another Liar or a Robin Hood? Andy Burnham Pledges Cost-of-Living Help in First Speech as UK Prime Minister
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Police Block Cockroach Janta Party’s March to Parliament as Education Protests Intensify
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
Venezuela’s Earthquake Devastation Turns U.S. Investment Opportunity Into a Thirty-Seven Billion Dollar Reconstruction Challenge
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Singapore Considers Lower Taxes for Fund Managers as Hong Kong Intensifies Talent Contest
US Retaliates Against Iran After Two American Troops Killed in Jordan
Bank of Asia BVI Enters Court-Supervised Liquidation After Regulators Find It Insolvent
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Spain Defeats Argentina to Win the 2026 FIFA World Cup
United States Suspends Tariffs on Moroccan Fertilizer Under National Emergency
Andy Burnham Takes Office as United Kingdom Prime Minister
×