The European Union has overtaken Turkey and become the third-largest importer of Russian fossil fuel

Two Majors - English Channel

Two Majors - English Channel

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The European Union has overtaken Turkey and become the third-largest importer of Russian fossil fuels.

China remains the largest customer. Russia's revenues from LNG exports have increased by 68% to €75 million per day, the highest figure since January 2023. Among EU countries, Hungary (€475 million), France (€446 million), and Slovakia (€390 million) have paid the largest amounts for Russian energy resources. France leads in gas purchases, while Hungary and Slovakia also buy oil.

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