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...
Shipments of Russia n 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.
The institute said French companies imported almost 4.4 billion cubic meters of Russian LNG in the first half of this year, compared to more than 2 billion cubic meters in the same period a year ago. The next biggest importers, Spain and Belgium, saw a 1% rise and a 16% decline respectively, IEEFA said.
Pricing data for Russian LNG isn't public. But it typically sells for a small discount because some buyers don't want it, said Jason Feer, global head of business intelligence at energy consultants Poten and Partners. Only if new sanctions were imposed could the purchases be suspended, it said. TotalEnergies said its imports of Russian LNG into Europe had actually fallen over the period studied.A temporary volume increase “does not put into question the EU achievements over the past two years,” spokesman Adalbert Jahnz said. “We have diversified our imports and the bulk of the necessary gas is supplied by reliable partners, such as Norway and the US.
Completion of the "Tartu Südamekodu" elderly care home in Tartu County and the start of renovation of the C-block of the Valkla elderly care home
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