Europe was the destination for nearly all LNG shipments from Yamal in the first half of 2026 - FINCHANNEL
Urgewald said Europe bought 136 of 140 Yamal cargoes as the project’s Arctic tankers relied on EU ports and services to keep shipments moving.
- European Union countries imported 97 per cent of all Yamal Arctic LNG cargoes in the first half of 2026, receiving 136 of 140 shipments delivered globally during this period.
- Yamal LNG's dependence on Europe is structural; the project relies on specialized Arc7 ice-class tankers requiring rapid turnaround at European ports and servicing at Fayard in Denmark.
- The EU paid an estimated $6.80 billion for these shipments, with 9.97 million tonnes of LNG delivered primarily to France, Belgium, and Spain during the first 6 months of 2026.
- By contrast, Asia-bound deliveries collapsed by 84 per cent in the first 6 months of 2026, falling to just 4 cargoes while the EU continued supporting the project amid war in Ukraine.
- Effective January 1, 2027, the European Union will implement a ban on maritime services for Russian LNG vessels, alongside a separate ban on purchases under long-term contracts taking effect the same day.
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20 Articles
The main European buyers of Russian gas were France, Belgium and Spain.
From next year onwards, EU countries will no longer be allowed to buy liquid natural gas from Russia. Most recently, purchases in Europe increased significantly again.
Europe has spent years sanctioning Russian gas. In the first half of 2026, it bought more LNG from Yamal than ever before.
European Union countries imported a record volume of liquefied natural gas in the first half of 2026 from Yamal LNG, Russia’s largest producer of liquefied gas.
In the first half of 2026, European Union (EU) countries imported a record amount of liquefied natural gas (LNG) from Russia's largest LNG project, Yamal LNG, purchasing almost all of the plant's output in Siberia just months before an EU ban on Russian gas imports takes effect, the Financial Times reports.
Europe imported more liquefied natural gas (LNG) from Russia's flagship LNG project than ever before in the first half of 2026, taking over almost all of the Siberian facility's output just months before the European Union's ban on Russian gas imports takes effect.
Europe imported more liquefied natural gas than ever in the first half of 2026 from Russia's main LNG project, Yamal, absorbing almost the entire production of the Siberian plant a few months before the entry into force of an EU ban on Russian gas imports, according to the Financial Times.
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