European Union Increases LNG Imports from Russia
In the first half of 2026, the European Union (EU) has recorded a new milestone by importing 9.97 million tons of liquefied natural gas (LNG) from Russia's Yamal facility, with a total value reaching 5.96 billion euros (equivalent to 6.82 billion USD). This figure represents a 16% increase compared to the same period in 2025, as European importers are increasingly sourcing energy from Russia before the phased bans take effect.
Russian LNG Import Situation
Data from Kpler shows that over 97% of Yamal's production in the first half of this year has been consumed by European buyers, despite years-long efforts to reduce energy dependence on Russia. Total LNG imports from Russia to the EU have increased by 11% compared to the previous year, while pipeline gas imports also rose by 7% compared to the same period.
| Period | LNG Import Volume (million tons) | YoY Growth (%) |
|---|---|---|
| First half of 2026 | 9.97 | 16 |
| 2025 | - | - |
Reasons for Increased Imports
Supply issues in the Middle East, including blockades in the Strait of Hormuz and damage to Qatar's infrastructure, have forced European importers to rely on more accessible Arctic gas sources. The short-term ban on Russian LNG imports took effect on April 25, 2026, under the REPowerEU Gas regulation. However, exemptions built into this regulation have allowed European buyers to maintain or even increase their gas imports from Russia before the comprehensive ban takes effect on January 1, 2027.
Changes in Gas Import Policies
Despite facing stricter limitations in the initial phase, short-term contracts for pipeline gas from Russia have been extended until June 17, 2026, while long-term pipeline gas remains permitted until September 30, 2027.
Key Importing Countries
- France, Belgium, and Spain are the largest buyers of LNG from the Yamal facility.
- Hungary is the largest importer of pipeline gas, using the TurkStream pipeline.
Meanwhile, Hungary and Slovakia continue to receive crude oil from Russia via the southern branch of the Druzhba pipeline, thanks to temporary exemptions from the EU's ban on seaborne Russian oil. Recently, a Russian airstrike damaged the pipeline in Ukraine, completely halting oil flow to both countries for nearly three months. During this disruption, both countries had to rely on emergency reserves and alternative routes such as Croatia's Adria pipeline.
Responses and Future Plans
To address the current situation, Hungary and Slovakia have agreed to construct a new 127 km pipeline to transport refined oil products between their main refineries.
The increase in Russian LNG imports highlights the complexity of the EU's energy strategy, as demands and political situations can change rapidly. Member states will need to continue monitoring and adjusting their strategies to ensure future energy security.
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