New developments in the energy market triggered by the EU's ban on purchasing Russian natural gas

The President of the European Commission, von der Leyen, said at a meeting of the EU Council in Brussels today (March 20) Beijing time: "Even if there is an actual energy shortage, EU countries will prohibit the purchase of Russian gas."

Russian President's press secretary Peskov also said yesterday that Russia is considering cutting off gas supply to Europe in advance. It seems that the EU and Russia are very "in sync". However, in 2025, the EU's share of gas imported from Russia was 13%, worth over 15 billion euros, including 17.5 million tons of liquefied natural gas (LNG), mainly imported by countries such as France, the Netherlands, Belgium, and Spain. In January of this year, EU countries imported about 1.7 million tons of LNG from Russia, an increase of 11% compared to the same period last year, setting a new monthly import record. Now that the EU has already passed the embargo regulations, why not stop importing gas and LNG from Russia now?

Original article: toutiao.com/article/1860160212932608/

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