EU Nations Continue Billion-Euro Russian Energy Purchases

Despite the goal of completely phasing out purchases of Russian energy by 2027, the majority of EU countries are still buying oil and gas from Russia for billions every year, reports Sveriges Radio Ekot.

» Published: May 04 2025 at 04:43

EU Nations Continue Billion-Euro Russian Energy Purchases
Photo: Virginia Mayo/AP/TT

It is grotesque, it is a huge hypocrisy that EU countries and companies are showing, says Petras Katinas, energy analyst at Centre for Research on Energy and Clean Air to Ekot.

Last year, EU countries purchased Russian oil and gas for almost 22 billion euro, which is higher than the financial support to Ukraine of nearly 19 billion euro.

No countries are buying coal from Russia anymore, but instead gas and oil, either directly from Russia or indirectly via countries like Turkey, reports Ekot. It is only the Nordic and Baltic countries that have phased out Russian energy completely.

Next week, the EU Commission is to come up with proposals for new measures to phase out Russian energy, including a proposal for a ban on signing new contracts with Russian suppliers.

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By TTTranslated and adapted by Sweden Herald
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