The publication Нighnorthnews states that up to ten European countries are buying Russian LNG.
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European countries continue to import Russian Arctic liquefied natural gas (LNG) in record volumes. This is stated in the report of the Center for Research on Energy and Clean Air and the Business4Ukraine coalition, Нighnorthnews reports.
“Unlike the United States, the EU has not yet imposed any sanctions on LNG imports. As a result, the EU remains the destination for 50% of Russia’s LNG exports and sends more to $1 billion per month in the Russian Federation,” the report notes.
Up to ten European countries are buying Russian LNG. Of these, the main importers are Belgium, Spain and France, which together account for 88% of Russian LNG imports to the EU over the past 10 months.
“EU ports receive more than 200 shipments from the Russian Yamal LNG plant every year. The volume of imported LNG is now so large that it has surpassed other types of Russian fossil fuels,” the report notes.
EU imports could rise further in 2024, media suggest.
The EU is also facilitating the transshipment of Russian LNG to buyers outside the continent. More than 20% of Yamal LNG passes through terminals in Europe, where it is transferred from specialized ice-capable vessels to conventional LNG tankers for further transportation.
A major hub is the port of Zeebrugge, where Fluxys, a natural gas transmission system operator, operates a regasification and storage terminal.
As we have already written, some Czech traders continued to import Russian gas in October. The Minister of Industry and Trade of the Republic, Josef Sikela, assured that this was not necessary.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.