Ahead of Russian Gas Ban, Europe Buys Almost All Cargoes From Yamal LNG
Though Russia is currently trying to attract Asian buyers for its LNG, Europe’s dependence on the gas has risen to record levels. A recent analysis of Russia’s Yamal Arctic LNG exports in Q1 2026 - conducted by the campaign group Urgewald based on Kpler data -shows that Europe has become almost the sole buyer for the gas. Over the last four years, Europe alone has spent over $230 billion on Russian oil and gas imports, which complicates the bloc’s effort...
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