FT: European Imports of Russian Gas Increase by 42% in 10 Months

The Financial Times (FT) revealed that European countries increased their imports of Russian liquefied natural Gas( LNG) by 42% between January and October 2022, compared to the same period in 2021.

The British newspaper stated that the volume of liquefied natural gas delivered from Russia in the first ten months of 2022 amounted to 17.8 billion cubic meters.

According to the newspaper, Russian LNG represented 16% of the total seaborne gas imports in European countries during the covered period, and the main buyers were Belgium, Spain, the Netherlands, and France.

Europe has received 62.1 billion cubic meters of Russian gas through gas pipelines since the beginning of the year, and these data indicate that the old world is not ready to completely give up gas from Russia.

It believes that Russia can deploy LNG carriers in countries such as Bangladesh and Pakistan, and sell gas at low prices to "gain political advantages" and "put pressure on the Europeans."