EconomyEU purchases of Russian Yamal LNG top $9 billion in 2026 despite October dip

The EU paid about 8.7 billion euros ($9.6 billion) for LNG from Russia’s Arctic Yamal project in the first 10 months of 2026, over one-fifth more than in all of 2025, Urgewald said, citing Kpler data. October volumes fell 11% from September, but higher prices pushed payments up 2.6%. An EU ban on Russian gas imports is due to take effect in less than two months.

European UnionRussian LNGYamal projectenergy sanctions

TThe Kyiv Independent★★★☆☆2026-11-12 05:00Original