Over 20% of the EU’s Russian LNG Imports Are Resold Abroad ...Middle East

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Over 20% of the EU’s Russian LNG Imports Are Resold Abroad
Around 21% of Russia’s LNG volumes bound for the European Union are transshipments, which are not included in official import figures and thus ignored by EU policymakers, the Institute for Energy Economics and Financial Analysis (IEEFA) said in an analysis on Wednesday. Over the past year and a half, the EU has boosted imports of Russian LNG, as the bloc is now buying significantly more Russian LNG than it did before the invasion of Ukraine. Unlike Russian oil, Russian gas is not banned or under sanctions in Europe. But while pipeline gas…

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