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The Independent UK

World

Alex Croft

EU still pouring billions into Russian gas economy despite war in Ukraine, analysis shows

European Union Russia United Kingdom United States Ukraine Economy Oil Kremlin Europe Donald Trump

The EU remains heavily reliant on Russian liquefied natural gas (LNG), analysis has shown, with no signs that imports are set to slow down in 2026.

EU purchases from a single oil project in northwest Siberia, a strategically important development known as the Yamal project, netted €7.2 billion ($8.4 billion) of revenue for the Kremlin in 2025 alone.

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