The headline speaks for itself! What was the cap of $60 for Russian oil all about? Very deceptive!
"According to research conducted by the energy market analysis firm ICIS for the German business newspaper Handelsblatt found that imports of LNG from Russia rose by 21 per cent over pre-war levels to the EU states and Great Britain. The analysis found that between January and November of this year, the EU plus the UK paid Moscow nearly 27 billion euros ($28.4/£23.5 billion) in exchange for the record flows of liquid natural gas.
The European money spent on Russian LNG alone, is just under the total aid that EU institutions and member states have sent to Ukraine since the start of the full on war in February. The Kiel Institute for the World Economy Ukraine aid tracker has found that the EU has collectively sent 29 billion euros in military and financial assistance. ...
This has also seen China resell Russian gas back onto the world market, meaning that the actual amount or Russian-origin LNG purchased by the EU this year could be much higher in reality. Much LNG imported to Britain, which comes from around the world, is then regasified and then exported to Europe too. ..."
This has also seen China resell Russian gas back onto the world market, meaning that the actual amount or Russian-origin LNG purchased by the EU this year could be much higher in reality. Much LNG imported to Britain, which comes from around the world, is then regasified and then exported to Europe too. ..."
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