EU purchases of Russian Yamal LNG rise to over $9 billion in 2026, despite October dip

The EU has spent approximately €8.7 billion on Russian Yamal LNG in 2026, surpassing 2025's total. Despite an October decline in volume, payments increased due to rising prices. France received the majority of shipments, while Belgium saw no deliveries. The EU remains a key buyer of Russian LNG ahead of an impending import ban, which could significantly impact Russia's gas industry.