EU Boosts Russian LNG Purchases Before 2027 Embargo
European countries are increasing purchases of Russian liquefied natural gas ahead of the 2027 embargo, according to Russian Vice Premier Alexander Novak, though independent data suggests otherwise.
Consensus
- Russia's exports of liquefied natural gas (LNG) to Europe reached 12 million tons in the first nine months of the year.
- The European Union is set to ban imports of Russian LNG from January 1, 2027.
- Russia's LNG exports to Europe accounted for 17–20% of the total European LNG market.
- The embargo will initially apply to short-term contracts and later extend to long-term contracts.
- Alexander Novak, Russian vice-premier, stated that European countries are rushing to buy Russian LNG before the ban takes effect.
Points of divergence
- September was one of the four lowest months for Russian LNG imports into the EU since the start of the full-scale war in 2022. — tg_theinsider
- LNG exports to Europe in September were only 720,000 tons, with 2.12 million tons going to Asia and 500,000 tons unaccounted for. — tg_theinsider
- The increase in Russian LNG exports to Europe in the first nine months was driven by the first half of the year, with no sustained acceleration in recent quarters. — tg_theinsider
- The third-quarter shipments from the Yamal LNG project declined by 13.6% compared to the same period in 2025. — tg_theinsider
- The ban on Russian pipeline gas imports into the EU will take effect on September 30, 2027. — vesti
Coverage (6 sources)
- Deputy Prime Minister Novak states that EU is increasing purchases of Russian LNG ahead of embargo. In September, imports were among the lowest... — The Insider
- Novak says EU is increasing imports ahead of ban on Russian LNG — Интерфакс
- Deputy Prime Minister Novak: EU is in a rush to fill storage with Russian LNG — Вести
- Novak stated that the EU ban on Russian gas supplies causes surprise — Вести
- Novak stated that Europe will have nothing to cover the gas deficit — Вести
- Novak spoke about the share of Russia's LNG deliveries on the European market — Вести
Key entities
- Russia
- Alexander Novak
- Europe
- Moscow
- EU
- IT 'News'
- Evgeniy Popov
- European Union
- INTERFAX.RU
- IT 'News'
- European Union (EU)
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