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Spain leads imports of liquefied natural gas from Russia in July and August, for 747 million

Since the war began, Russia has earned 158 billion from fossil fuel exports.

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Spain leads imports of liquefied natural gas from Russia in July and August, for 747 million

Since the war began, Russia has earned 158 billion from fossil fuel exports

MADRID, 6 Sep. (EUROPA PRESS) -

Spain led the world imports of liquefied natural gas from Russia during the months of July and August, for a total value of 747 million euros, according to a report prepared by the Center for Research on Clean Air and Energy (CREA , for its acronym in English).

Imports of liquefied natural gas are the only ones in which Spain stands out. In the case of oil, coal or pipeline gas, the country is not among the top 10 importers.

In reference to liquefied natural gas, second place is occupied by France (600 million euros), followed by China (527 million) and Belgium (392 million).

In the six months since the war began, Russia has earned 158,000 million euros thanks to its energy exports, according to CREA calculations. This large figure is mainly due to the increase in energy prices, since the volumes sold have fallen compared to the same period last year.

The body considers that at least 43,000 million euros of that figure has gone directly to the Russian public coffers, compared to the estimated cost of 100,000 million euros of the war in Ukraine.

Of the total exports, the EU has been the destination of at least 54% of exports, equivalent to 85,000 million euros. By country, Germany is the main destination, with 19,000 million, followed by the Netherlands (11,100 million), Italy (8,600 million), Poland (7,400 million), France (5,500 million), Bulgaria (5,200 million) and Belgium ( 4.5 billion). Spain's total imports of all types of fuels since the war began amount to 3.3 billion euros.

By type of fuel, oil has been the main Russian export product since the war began, with 76,000 million euros, while natural gas stood at 35,000 million; derivatives of crude oil, at 26,000 million; charcoal; 13,000 million; and liquefied natural gas, at 9,000 million.

"To fix Russia's short-term skyrocketing revenue from high fossil fuel prices, tariffs or price caps are needed. There is a special need to decouple Russia's gas import prices from domestic gas prices. Europe's gas", stressed CREA.

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