HomeEconomyEurope breaks record for...

Europe breaks record for Russian LNG imports

Photo: Getty Images (pictured)

In the first 15 days of 2025, the European Union imported a record 837.3 thousand tons of LNG from Russia. This is 10% more than the same period last year.

The Russian has no time Gazprom stop the transit of gas through the Ukrainian gas transportation system on January 1, when EU countries began to significantly increase purchases of liquefied gas from the Yamal field of the company Novatec. This was reported by Politico with reference to a data analysis from Kpler.

Europe has yet to overcome its reliance on Russia for supplies under long-term contracts.

Since the beginning of the year, Europe has been buying Russian LNG at an unprecedented pace. In the first 15 days of 2025, the European Union imported a record 837.3 thousand tons of LNG from Russia. This is 10% more than the same period last year.

Kpler senior LNG analyst Charles Costerus attributes the increase in supplies to several factors.

“Since the second half of December, temperatures in Europe have dropped significantly; wind energy generation is not yet at its peak.”

In addition, 95-96% of the gas comes from the Yamal LNG project, he said.

“Most of these volumes are supplied under long-term contracts, and not as additional volumes on the spot market,”

We remind you that the sanctions affecting part of the Russian liquefied natural gas sector and forcing it to sell at discounts, as well as the hope that the transfer of pipeline gas through Ukraine will stop, prompted the European companies to increase purchases of Russian LNG.

Sanctions have frozen the construction of Russian LNG plants Novatek

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The President signed the Law on 50% of the Motagrass for Veterans

The President of Ukraine signed a law that reduces the cost of a motorcycle by 50% for veterans and persons with disabilities as a result of the war (No. 4369-IX). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...

GBI was struck by anger, the requirement of short -term reconciliations of SOC without Boytsov’s order

Employees of the State Bureau of Investigations exposed military personnel in the Nikolaev area, who demanded that the military left some of the military in exchange for returning to the service. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height:...

In Priluki, the Cisland arrived at the post of drone in his house, where he was killed

The rescuer arrived in Pryluky to eliminate the effects of a drone that fell into his house, where his family was killed. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } ...