Over one-fifth of Russian LNG exports protected by EU's Greek sanctions exemption
The Greek shipping company Dynagas accounted for 35% of all LNG shipped to the EU from Russia's Arctic Yamal terminal, according to the NGO Urgewald.
A sanctions-monitoring NGO has revealed that a Greek shipping company, Dynagas, has delivered over one-fifth of Russian LNG exports to EU customers in the first seven months of 2026, accounting for 35% of all LNG sent to the EU from Russia's Arctic Yamal terminal. This exemption from sanctions, granted by the EU, allows Dynagas to continue shipping LNG to third countries after an EU ban on LNG imports is set to take effect in January 2027.
The EU's dependence on Russian LNG remains high, with 92% of Yamal's total exports going to the EU, earning the Kremlin 6.64 billion euros ($7.68 billion). This situation raises concerns about Europe's ability to decouple from Russian supplies, especially as Ukraine continues to face a Russian bombing campaign.
Brief written by urgent.news from Kyiv Independent's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
