EU continues taking Russian Arctic LNG despite year-end import ban

EU continues taking Russian Arctic LNG despite year-end import ban

The European Union received 91 cargoes of liquefied natural gas from Russia's Yamal project between January and April, according to new analysis cited in the supplied material.

The cargoes accounted for 98% of all Yamal LNG exports in that period.

The figures were published on Friday and were based on Kpler data analysed by Urgewald, a German environmental group.

The estimated value of the exports was €3.8bn.

The development comes as the EU prepares to ban Russian fossil-fuel imports by the end of the year, with the restriction already set out in law.

The supplied material says the ban on LNG imports via short-term contracts is only a partial step, because long-term contracts remain in place.

The issue matters because Yamal LNG remains commercially active through European demand, even as the bloc seeks to reduce its energy ties with Russia.

The analysis argues that long-term purchasing arrangements continue to send money to a Russian gas project that would struggle without the EU market.

The supplied material says China received just two cargoes in January and none in the last three months, underlining how heavily the project still depends on European buyers.

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