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EU becomes third largest importer of Russian energy

Original: Last month, the European Union overtook Türkiye to become the world’s third largest importer of Russian energy China rem

Last month the European Union overtook Türkiye to become the world's third largest importer of Russian energy, behind China and India, which remain the two largest buyers. Russia's revenues from liquefied natural gas alone rose 68% month on month to around €75 million per day, highlighting continued European purchases despite sanctions and efforts to cut dependence on Russian supplies.

Why now: It contradicts expectations that European purchases of Russian energy would keep falling under sanctions.

European UnionRussiaChinaIndiaTürkiye

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Evidence

• Last month, the European Union overtook Türkiye to become the world’s third largest importer of Russian energy China remained the largest buyer, followed by India.​ Russia’s revenues from liquefied natural gas (LNG) alone rose 68% month on month to €75 million per day · BowesChay · 748

Elsewhere

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