Spain Boosts Russia LNG Imports 84% While EU Urges Less Reliance
- Country’s shipments from Algeria fall amid diplomatic feud
- Spain is the EU’s top buyer of Russian LNG so far this year
Gas pipes and storage tanks at the Port of Barcelona in Barcelona, Spain.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Spain’s imports of Russian liquefied natural gas have soared 84% since the outbreak of the war in Ukraine, highlighting how dependent Europe remains on Moscow despite efforts to slash energy ties.
The European country has been forced to boost LNG purchases from elsewhere after shipments from longstanding gas supplier Algeria declined following a diplomatic feud between the two nations. While Russia has cut sales through pipelines to Europe to a bare minimum, LNG flows surged more than 30% last year.