EU's Arctic LNG appetite hits new high with €5.96 billion bill for 136 Russian cargoes in H1 2026
The European Union (EU) has become the primary destination of Russia’s Arctic liquefied natural gas (LNG) exports by turning into a backbone of the Russian LNG business in the first six months of 2026, dishing out billions of euros to assuage its LNG cravings with nearly all shipments from Yamal coming to EU ports, based on the findings of a new analysis from Urgewald, Germany’s non-profit environmental research organization.
According to a new analysis of Kpler data by Urgewald, the EU paid an estimated €5.96 billion ($6.82 billion) for Yamal Arctic LNG between January and June 2026, with 136 cargoes delivered to EU ports out of 140 shipped globally, representing over 97% of all deliveries.
Sebastian Rötters, Sanctions Campaigner at Urgewald, commented: “In the fifth year of the war against Ukraine, the EU is still helping keep Russia’s Arctic LNG sector afloat. Yamal LNG depends on a small, specialised fleet, European ports and
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