EU spending on Russian Arctic LNG rises ahead of 2027 import ban
The European Union spent an estimated €8.7bn on Russian liquefied natural gas from the Arctic in the first ten months of 2026, according to an analysis of shipping data cited in the report. The figure comes as Brussels prepares to ban Russian LNG imports from 1 January 2027, under a move intended to reduce the bloc's energy dependence on Moscow. The latest numbers show that purchases continued to rise even as the deadline approached.The analysis, carried out by Urgewald using data from energy intelligence firm Kpler, found that EU ports received 12.89 million tonnes of LNG from Russia's Yamal project... [Continue Reading]
360LiveNews | 12 Nov 2026 12:00 LONDON
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