[HIGHLIGHTS] “Putin’s war chest continues to be filled with money”: Germany continues to purchase gas from Russia

An estimated six to eleven percent of Belgian gas deliveries to Germany in 2022 originally came from Russia. Germany purchased 22 percent of its natural gas from Belgium last year.

Russia was the third largest LNG exporter to the EU in 2023 with a share of 11.7 percent, after the USA (46 percent) and Qatar (12.1 percent). As a result, Russia generated revenue of 8.1 billion euros last year, according to the Institute for Energy Economics and Financial Analysis (IEEFA)