EU keeping Russia’s Arctic LNG project ‘alive’, despite year-end import ban
EU keeping Russia’s Arctic LNG project ‘alive’, despite year-end import ban
EU keeping Russia’s Arctic LNG project ‘alive’, despite year-end import ban
The EU agreed a self-imposed ban on Russian gas imports effective from the end of 2026. But it continues to be the exclusive buyer of LNG from Russia's project in Siberia.
A record amount of Russian liquefied natural gas from the Yamal LNG project in Siberia reached the EU, despite its promises, now set down in law, to ban Russian fossil-fuel imports by the end of the year.
The EU received 91 cargoes from Yamal between January and April, equivalent to 98 percent of all Yamal LNG exports worth an estimated €3.8bn, according to new analysis of Kpler data published on Friday (8 May) by Urgewald, a German environmental NGO.