... well as increased imports of liquefied natural gas (LNG)—around 12 billion cubic meters of LNG arrived in Europe in June, marking a record figure for the first summer month. High gas reserves allow Europe to feel more secure: despite the reduction of pipeline supplies from Russia, EU countries are compensating with record volumes of LNG from the US, Qatar, and other exporters. Gas prices at the European TTF hub in the summer of 2025 remain relatively stable—significantly below the peak values of ...

... and the spot market, bypassing American gas. Concurrently, Europe continues its course to reduce dependence on Russian energy resources. Imports of Russian oil and petroleum products into the EU have virtually ceased due to the existing embargo, while pipeline gas deliveries have been lowered to minimal volumes. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts with alternative suppliers are being signed) to replace the ...

... spot market, bypassing American gas. Concurrently, Europe continues its efforts to reduce dependence on Russian energy resources. The import of Russian oil and petroleum products into the EU has effectively ceased due to the existing embargo, while pipeline gas supplies have been reduced to minimal volumes. The European Union is actively developing infrastructure for LNG reception (new terminals are being constructed, and long-term contracts with alternative suppliers are being signed) to replace ...

... may lead to a realignment of global oil flows. In Europe, the trend continues towards reducing dependence on Russian energy carriers. Imports of Russian oil and petroleum products into the EU have effectively ceased due to the existing embargo, and pipeline gas supplies have been reduced to minimal amounts. The EU is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts are being signed with alternative suppliers) to replace falling volumes....

... policy based on their economic interests. In Europe , meanwhile, the course to reduce dependence on Russian energy carriers continues. Imports of Russian oil and petroleum products to the EU have been effectively halted by the existing embargo, and pipeline gas supplies have been reduced to minimal levels. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts are being signed with alternative suppliers) to replace the volumes ...