Russia earned 93 billion euros (C $ 125 billion) in fossil fuel export revenues in the first 100 days of its war against Ukraine, most of which went to the European Union (EU), according to the report. an independent research center published. on Monday and specifically refers to France.
This publication of Center for Energy and Clean Air Research (CREA), based in Finland, came as Ukraine urged Westerners to cut all trade with Russia to stop feeding the Kremlin’s coffin.
L ‘EU recently decided on a progressive embargo – with exceptions – on its oil imports. Russia’s gas, on which it is highly dependent, is currently not concerned.
According to CREAthe EU accounted for 61% of fossil imports, or approximately 57 billion euros (CA $ 77 billion), in the first 100 days of the war (from February 24 to June 3).
The largest importers are China (12.6 billion euros, or C $ 17 billion), Germany (12.1 billion euros, or C $ 16 billion) and Italy (7.8 billion euros, or C $ 10.5 billion).
Russia’s revenues come from the sale of crude oil (46 billion euros, or C $ 62 billion), followed by gas carried by gas pipelines (24 billion), then petroleum products, liquefied natural gas (LNG). ) and finally coal.
The manna did not dry out, although exports fell in May and Russia was forced to sell at the lowest prices in international markets. Despite this rebate, the country still benefited from the global increase in energy prices.
While some countries have made significant efforts to reduce their imports (Poland, Finland, Baltic countries), others have on the contrary increased their purchases, including China, India, United Arab Emirates and France, according to CREA.
” While theEU is considering tougher sanctions against Russia, France has increased its imports, to become the largest consumer of LNG Russian in the world. “
It is also money purchases and not under long -term contracts, which means France deliberately decided to use Russia’s energy despite the invasion of Ukraine, the specialist estimates.
France must align its actions with its words: if it truly supports Ukraine, it must immediately implement an embargo on Russia’s fossil fuels and quickly develop clean energy and energy efficiency solutionshe judged.
Radio Canada
Source: Radio-Canada
