The Kremlin will still earn: how Russian gas continues to get into the EU

Although the European Union is trying to completely abandon Russian gas, Moscow will be able to earn for some time to supply its energy to Europe. European officials and analysts believe that, despite all the efforts of Europe to abandon Russian gas, the energy supply of the continent will not be trouble -free in the long run. CNN writes about it on September 7.

The publication states that the biggest problem is that all European countries have managed to diversify their gas imports, most of the fuel in the reserve is a liquefied natural gas (LNG). "LNG is such an obvious decision that it has become a priority, but since LNG is so flexible and it is sold, its origin is a little more difficult to track," - explained to reporters a researcher at the Center for European Policy Research Center Milan Elkerbut.

According to him, indirectly some of the liquefied natural gas can come from Russia. "And thus, the Russian Federation will still receive income for its energy," the expert said. Although the European Union insists that most of it is bought in the US, Qatar and Nigeria, fuel is often sold on exchanges, where contracts are concluded on volumes without any reference to origin. It should be noted that before the full -scale war, Russia provided Europe with gas by 40%.

In August 2023, as reported by Politico, Russian imports decreased to 8. 4%. This obliges the EU to stop the purchase of Russian gas by 2027. Instead of Russian Federation, countries began to supply such countries as: in the meantime, the loss of European clients has become a strong blow to Moscow, as revenues from energy exports decreased by 41% to $ 43. 4 billion in the first seven months of this year, the Ministry of Finance of Russia reported.