“It’s shocking that countries in the EU have worked so hard to wean themselves off piped Russian fossil gas only to replace it with the shipped equivalent. It doesn’t matter if it comes from a pipeline or a boat — it still means European companies are sending billions to [Vladimir] Putin’s war chest.”
Not at all. The world LNG imports increased by an average of 6%. Europe increases it by 40%. What are the points of sanctions even as this article more or less points out.
LNG is just a small part of Europe’s energy imports. In 2022 pipeline gas imports from Russia to Europe fell 60%. Sanctions are obviously working.
Sure it’s not €41.5 billion like it was before, but €5.29 billion is nothing to sneeze at.
Further sanctions might be warrented.
Yes agreed. Europe is helping to fund Russia’s genocidal land grab.