EU spends billions on Russian LNG despite full ban set for 2027

Monday, 26 January 2026

EU member states spent more than €7.2 billion ($8.4 billion) on Yamal LNG last year – despite a full ban on LNG imports coming into force on January 1, 2027.  “Russia has no adequate alternative to the EU market,” Urgewalt analysts commented, noting more than three-quarters of all Yamal LNG exports currently go to Europe.


Subscriber content
 

This content is available only to subscribers
please log in below or subscribe now / request a free trial
 
 
Rate this item
(0 votes)