European imports of Russian shipped gas send €8.10bn to Moscow’s coffers – report

Published on 30/09/2025 - 15:53 GMT+2

The Kremlin reaped astir €8.10bn successful taxation revenues from European vigor companies importing Russian liquefied earthy state (LNG) betwixt 2022 and 2024, according to caller probe published connected Tuesday by Greenpeace.

The EU moved to adjacent the pat to Russian pipeline state aft Russia's afloat standard penetration of Ukraine, but shipments of LNG remained astatine 12.8 cardinal cubic meters (bcm) successful the archetypal fractional of the year, a fig 67% higher compared to 4 years ago.

With the $9.5 cardinal nett taxation revenues from Yamal LNG, the superior Russian LNG exporter to Europe and Asia, the probe estimates that Russia could bargain 9.4 cardinal 152mm artillery shells — astir 3 years of Russia’s existent three million-round yearly accumulation output — 270,000 Shahed onslaught drones, oregon 2,658 conflict tanks.

Between 2022 and 2024 Yamal LNG gained an estimated $40 billion having contracts with respective European headquartered vigor companies similar TotalEnergies, Engie, Shell, Naturgy and SEFE.

France, Germany, Netherlands, Spain, Switzerland and the UK were the large recipients of Russian LNG, the survey reveals, each with contracts moving until 2038 and 2041.

These ongoing contracts are, however, owed to beryllium breached arsenic the EU seeks to signifier retired LNG imports from Russia by 2027, a arguable determination currently being discussed by heads of State, which risks ineligible enactment by Gazprom against European companies.

Belgium, France and Spain were the main Russian LNG importers from 2022 to June 2025, according to the report, with Belgian larboard Zeebrugge being the largest import hub for Russian LNG successful the EU.

Shifting LNG dependencies

Washington exported 52.7bcm of LNG to the EU successful the archetypal fractional of 2025 alone, according to the analysis, a fig poised to spike arsenic the bloc signed a commercialized woody with the US wherever the EU is contractually obliged to bargain astir €213bn of vigor products per year, including LNG.

“For Europe to flight the LNG trap and summation its independency from Trump and Putin, it indispensable rapidly extremity its usage of fossil state and afloat modulation to an vigor strategy based connected home-grown renewable energy,” the Greenpeace study said.