Throughout the past year, European Union countries made payments totaling €23 billion for the import of energy resources from Russia, despite a significant reduction in purchase volumes. This information was announced by European Commissioner for Energy, Dan Jørgensen, who emphasized the trend of decreasing energy dependence on the Russian Federation.
This is reported by Business • Media
Decline in Oil, Gas, and Coal Imports from Russia
Until 2022, Russia supplied half of all coal imported by EU countries. This import has now been completely halted. The share of Russian oil in the European market has decreased from 27% to 3%, while gas has dropped from 45% to 13%. These changes indicate a large-scale reorientation of the European energy market and a gradual diversification of supply sources.
“However, last year we still paid Russia €23 billion for energy imports,” he said.
EU Plans for Complete Abandonment of Russian Energy Resources
The European Commission has declared its intention to completely cease the import of Russian gas by 2027. All other types of energy supplies from Russia are planned to be removed from European markets by 2030. New regulations are being introduced to ensure effective tracking of the supply routes of Russian gas, as well as control over illegal oil flows coming through the so-called “shadow fleet.”
EU member states must develop national strategies for gradually phasing out the use of energy resources from Russia this year. These measures are part of a comprehensive approach to changing trade relations with Russia, driven by security risks.
Dan Jørgensen noted that there are no scenarios for returning to the use of the “Nord Stream” pipeline, underscoring the EU’s determination to reorient the energy sector and minimize Russia’s influence on the European energy market.