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2025-05-25 Caucasus/Russia/Central Asia
Europe buys RU oil and LNG, funds the Ukraine conflict
[Euro News] The European Union vowed to drastically cut imports of gas from Moscow over its invasion of Ukraine but data shows the bloc's purchases of Russian-made liquefied natural gas (LNG) have soared.

According to new findings released by Global Witness, an environmental watchdog organisation, the European Union bought 21.6 million cubic metres (mcm) of Russian LNG between January and July of this year, a small increase compared to the same period in 2022, when imports totalled 21.3 mcm.

But when the 2023 figure is measured against the same period in 2021, prior to the Kremlin's decision to wage war on Ukraine, it results in a 39.5% surge, an embarrassing percentage for a bloc that has forcefully condemned the invasion as an illegal, brutal and ruthless attempt to subjugate Ukraine's independence.

Making matters more uncomfortable, three member states can be found among the five major clients of Russian LNG in the first seven months of his year: China came on top with 8.7 mcm in purchases, followed by Spain (7.5 mcm), Belgium (7.1 mcm), Japan (7 mcm) and France (4.5 mcm).

As coastal countries, Spain, Belgium and France have become busy destinations for LNG carriers, which need to unload their supplies on sophisticated terminals where the cooled-down liquid is turned back into gaseous form and sent to power plants.

Posted by Besoeker 2025-05-25 06:29|| || Front Page|| ||Comments [44 views ]  Top

#1 Here's our utilities payment, now go ahead and continue killing one another.
Posted by Besoeker 2025-05-25 08:18||   2025-05-25 08:18|| Front Page || Comments   Top

#2 So many skims and kickbacks.
Posted by Super Hose 2025-05-25 08:42||   2025-05-25 08:42|| Front Page || Comments   Top

09:50 SteveS
09:42 Frank G
09:28 Frank G
09:27 Lord Garth
09:21 Besoeker
08:57 Elmerert Hupens2660
08:54 Frank G
08:51 Super Hose
08:46 Bobby
08:45 Super Hose
08:44 Procopius2k
08:42 Super Hose
08:41 Procopius2k
08:41 Elmerert Hupens2660
08:40 Super Hose
08:37 Elmerert Hupens2660
08:34 Procopius2k
08:33 Elmerert Hupens2660
08:31 Procopius2k
08:30 Victor Emmanuel Schwarzeneggar6569
08:29 Elmerert Hupens2660
08:25 Super Hose
08:21 SteveS
08:20 Super Hose









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