Spain has the largest regasification capacity in Europe.
(Photo: dpa)
Vienna, Paris, Madrid, Rome Europe likes to vouch for its determination in trying to weaken Russia economically because of the Ukraine war. But when it comes to gas imports from Russia, that resolve crumbles: Even in year two of the war, some countries are still getting significant amounts of gas from Vladimir Putin’s sources.
Imports via pipelines have fallen drastically: in January 2021, 3162 million cubic meters of gas flowed from Russia to Europe. In January 2023 it was only 431 million cubic meters.
However, imports of liquid gas by ship from Russia to the EU increased from 758 million to 1552 million cubic meters in the same period.
The shutdown of pipeline imports hit Russia hard financially because pipelines to other countries cannot be built that quickly. Liquid gas, or LNG in technical jargon, can easily be unloaded by Moscow elsewhere in the world.
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