How EU Ports Facilitated Billions in Kremlin Gas Revenue

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EU ports continued to facilitate significant revenue for Russia's Yamal LNG project, despite the EU's public commitment to sever energy ties with Moscow, netting the Kremlin an estimated €7.2 billion in 2025.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Despite the European Union’s public commitment to sever energy ties with Moscow, new data reveals that the bloc’s ports remained the biggest buyer for Russia’s flagship Arctic liquefied natural gas (LNG) project throughout 2025. An analysis of Kpler vessel-tracking data published Thursday by the non-governmental organization Urgewald shows that EU terminals handled 76.1% of all exports from the Yamal LNG facility last year, netting the Kremlin an estimated €7.2 billion ($8.4 billion). The findings emerge as the EU prepares…

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Original article published by OilPrice.com on January 8, 2026.
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