Spain sets record Russian LNG imports

Spain has become the largest importer of Russian liquefied natural gas (LNG) in the European Union this month, with payments rising by a record 124% to a total of €355 million. This surge continues a trend of record-high imports from Russia, which have doubled in recent months despite the ongoing geopolitical tensions and EU sanctions. The data highlights the continued reliance of some European economies on Russian energy exports. The financial flows represent a significant economic boost for Russia amidst its conflict with Ukraine.