Europe says it wants to ditch Russian LNG — so why did imports hit a record high last year? (Meduza)

29 Jan 2025 (Meduza)

Why isn’t Europe cutting off Russian LNG?

Because, at the moment, there is simply no real alternative. As Sergey Vakulenko, a senior fellow at the Carnegie Russia Eurasia Center, has noted, there’s no surplus on the global LNG market. Meanwhile, since early 2025, Europe has lost 15 billion cubic meters of gas from its energy supply following the halt of Russian transit through Ukraine.