The EU has paid Russia over €200B for oil and gas since the start of the full-scale war. Since the beginning of the Russian Federation’s full-scale invasion of Ukraine, Moscow’s income from the export of fossil fuels has reached almost €785B. Despite sanctions, the EU remains ... #France #GasExport #OilExports #RussianEnergyResources #RussianLNG #RussiaProfits
The US is considering a ban on Russian uranium but has temporarily allowed settlements in the energy sector with Russian banks. The Biden administration is considering banning the import of enriched uranium from Russia. Bloomberg writes that negotiations are ongoing, but no decisions have been made yet. Data from the US Depart... #G7 #RussianEnergyResources #RussianTrade #RussianUranium #SanctionsAgainstRussia
Resources from the Russian Federation account for only 6.5% of energy purchases by the EU. According to Eurostat, in the third quarter of 2022, Russia accounted for 14.5% of all energy imports to the EU, and in the third quarter of 2023, this figure decreased to 6.5%. In the third quarter, ... #EUenergyimport #EUEnergyindependence #RussianEnergyResources #RussianGas #RussianOil
The EU has declared independence from Russian energy resources, and gas prices have broken a psychological low. As reported by the European Commission, this was achieved thanks to the EU’s plan to reduce gas consumption. It is noted that the EU has stopped importing coal and oil from the Russian Federation, and... #EUGasPurchase #gasprices #RussianEnergyResources #RussianGas
Russia is doomed to lose the energy war with the West. According to economist Fatih Birol, former International Energy Agency executive, there are three reasons for this. First, at the beginning of the war, 75% of Russia’s gas exports and 55% of Rus... #energysanctions #FatihBirol #RussianEnergyResources #WarinUkraine
