EconomyEurope spends record €7.3bn on Russian Arctic gas in eight months, surpassing 2025 total
Europe spent a record €7.3 billion on Russian Arctic gas in the first eight months of the year, exceeding the total for 2025. Scotland’s Seapeak and the Greek-linked Dynagas dominate the Arctic shipping network, with vessels tied to them handling 72% of Yamal LNG exports.
Europe spends record €7.3bn on Russian Arctic gas in eight months, surpassing 2025 total