French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop
New analyses of trade data show that shipments of Russian liquified natural gas to France more than doubled the first half of this year
Shipments of Russian liquified natural gas to France more than doubled the first half of this year, according to new analyses of trade data, at a time when Europe has tried to pull back from energy purchases that help finance the Kremlin's invasion of Ukraine.
Europe has restricted oil imports from Russia, but natural gas is still allowed. And while companies in France are importing the most, one analysis found EU countries overall imported 7% more Russian LNG, natural gas that has been chilled and liquified for easier ocean transport, in the first half of this year compared to the same period a year ago.
Oleh Savytskyi, a founding member of nonprofit Razom We Stand, which campaigns for tougher sanctions on Russian fossil fuels, said the EU’s goal of phasing out all Russian fossil fuels by 2027 was “appallingly off track.” He said countries buying Russian LNG are sabotaging the continent’s energy transition and contributing billions to Russia’s war effort.
European governments have said banning Russian gas imports entirely would send energy and heating bills skyrocketing and industrial users of gas would suffer, too.
The analysis first came from the Institute for Energy Economics and Financial Analysis (IEEFA), a U.S. nonprofit with a goal of speeding the world’s transition to more sustainable energy. IEEFA examined data from Kpler, a shipping tracker, and ICIS, a commodity data provider, both of which also provided their own analysis.
The institute said companies imported almost 4.4 billion cubic meters of Russian LNG to France in the first half of this year, compared to more than 2
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