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Why is Europe buying record amounts of Russian LNG?

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Breakdown

0:00lesson

Sanctions paradox: EU buys Russian gas despite war

  • EU buys record gas from Yamal LNG
  • All cargoes from Yamal this year
  • Sanctions fail to stop pipeline gas imports
  • LNG ban from 2027 triggers pre-ban stockpiling
  • Russia continues exports despite war claims
0:01Yamal· ticker

Yamal LNG — EU's pre-2027 stockpiling

  • EU buying every cargo from Yamal
  • LNG ban scheduled for 2027
  • Stockpiling before 2027 ban
  • Gas imports remain legal before 2027
  • Yamal exports continue despite war
0:02lesson

Putin's strategic calculus: selling gas to Europe

  • Putin could cut gas tomorrow
  • Russia claims war with Europe and US
  • Dmitry Peskov: NATO attacked Russia
  • Russia criticized domestically for being soft
  • Gas sales maintain leverage over Europe

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