cover image: Russia's Achilles Heel: An EU Import Ban on Russian Liquefied Natural Gas Is Feasible and Necessary - Trade in Russian liquefied natural gas: As if there were no war

Russia's Achilles Heel: An EU Import Ban on Russian Liquefied Natural Gas Is Feasible and Necessary - Trade in Russian liquefied natural gas: As if there were no war

23 Apr 2024

Sabetta (Yamal LNG), by far the most important LNG export terminal, located on the east coast of the Yamal Peninsula in the Russian Arctic, would face massive logistical problems if the EU were to ban the import and trade of Russian LNG. [...] Although the terminal serves other LNG vessels between July and November, the lion's share of the liquefied gas is transported by the Arc7 tankers even during this period, as Urgewald’s analysis of the kpler data shows. [...] The Christophe de Margerie, named after the former head of the oil and gas group Total, is the only tanker which belongs to the Russian shipping company Sovcomflot. [...] The EU must step up its game here and consistently sanction existing LNG exports in order to deprive the Kremlin of important revenues and snatch this geopolitical weapon out of its hands.8 The EU and Russian LNG: An embargo long overdue The EU receives the vast majority of Russian LNG supplies from Yamal. [...] Urgewald’s analysis of the kpler data shows: The liquefied gas has mainly landed in Belgium, France and Spain, and to a lesser extent in the Netherlands.9 Furthermore, smaller volumes reach the EU via the Russian Baltic Sea ports of Vysotsk and Portovaya.
Pages
6
Published in
Germany