FILE - The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project in the port of Prigorodnoye, Russia, on Friday, Oct. 29, 2021.
French imports of Russia's liquified natural gas surge, and Ukraine supporters seek a stop
AP: Shipments of Russian liquified natural gas to France more than doubled the first half of this year, according to new analyses of trade data, at a time when Europe has tried to pull back from energy purchases that help finance the Kremlin's invasion of Ukraine.
Europe has restricted oil imports from Russia, but natural gas is still allowed. And while companies in France are importing the most, one analysis found EU countries overall imported 7% more Russian LNG, natural gas that has been chilled and liquified for easier ocean transport, in the first half of this year compared to the same period a year ago.
Oleh Savytskyi, a founder of nonprofit Razom We Stand, which campaigns for tougher sanctions on Russian fossil fuels, said the EU’s goal of phasing out all Russian fossil fuels by 2027 was “appallingly off track.” He said countries buying Russian LNG are sabotaging the continent’s energy transition and contributing billions to Russia’s war effort.
European governments have said banning Russian gas imports entirely would send energy and heating bills skyrocketing and industrial users of gas would suffer, too.
The analysis first came from the Institute for Energy Economics and Financial Analysis (IEEFA), a U.S. nonprofit with a goal of speeding the world’s transition to more sustainable energy. IEEFA examined data from Kpler, a shipping tracker, and ICIS, a commodity data provider, both of which also provided their own analysis.
The institute said French companies imported almost 4.4 billion cubic meters of Russian LNG in the first half of this year, compared to more than 2 billion cubic meters in the same period a year ago. The next biggest importers, Spain and Belgium, saw a 1% rise and a 16% decline respectively, IEEFA said.
TotalEnergies, the French energy giant that accounted for the largest share of the imports in a list of cargoes between January and June seen by The Associated Press, said it was bound by contracts signed before Russia's Ukraine invasion. And France's Finance and Economy Ministry told the AP that Houthi rebel attacks on ships moving through the Suez Canal have forced a reshaping of LNG imports — gas from the Middle East can no longer get easily to Europe, while Russia's route from the Arctic has been unaffected.
The ministry noted that France is one of Europe's main entry points for LNG. France and Spain, with seven each, have the most LNG terminals in Europe.
At the same time France was importing more Russian LNG, it was importing less from other suppliers including the United States, Angola, Cameroon, Egypt and Nigeria — an amount approaching the jump in Russian LNG, according to the analysis. None of those other countries' LNG exports were affected by the Red Sea attacks.
In World
-
Russia has supplied air defense missile systems to North Korea in exchange for sending its troops to support Russia's war efforts against Ukraine, a top South Korean official said Friday.
-
Taiwan President Lai Ching-te will visit Taipei's three remaining diplomatic allies in the Pacific on a trip starting at the end of the month, his office said on Friday, but the government declined to give details on U.S. transit stops.
-
Russia is ready to consider any "realistic" peace initiative on the conflict in Ukraine which takes into account Russia's own interests and the situation on the ground, Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday.
-
China is willing to conduct active dialogue with the United States based on the principles of mutual respect and promote the development of bilateral economic and trade relations, vice commerce minister Wang Shouwen said on Friday.
Leave a review