By Ben Aris, Intellinews, 1/7/24
Russian gas exports to Europe have tumbled since the Nord Stream 1&2 pipelines were blown up last September but EU imports of Russian LNG have jumped by 40% since the invasion of Ukraine and are currently at record levels, according to a report by Global Witness. Europe remains Russia’s biggest customer for gas – both piped and as LNG – as the EU countries continued to spend $1bn a month on Russian Arctic LNG in 2023.
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