Yamal LNG shipments to the EU in ten months exceed full 2025 value
From January to October 2026, the value of liquefied natural gas shipments from the Russian Yamal LNG project to the European Union reached €8.7 billion, according to an estimate by the German organisation Urgewald. This is approximately 21% higher than for the whole of 2025.
Urgewald estimated shipments for the whole of 2025 at €7.2 billion. In a previous report, the organisation stated that from January to September 2026, 12.18 million tonnes of LNG from Yamal were delivered to EU ports, which is 9.5% more than in the same period the previous year. Analysts valued these shipments at €7.88 billion.
According to data from the Centre for Research on Energy and Clean Air (CREA), in October, the EU accounted for 47% of Russian LNG exports. Among the largest buyers in Asia were China with a 26% share, Japan with 18%, and South Korea with 6%. In the same month, Russia's estimated revenue from LNG shipments unloaded at destination ports increased by 3% compared to September, reaching €77 million per day, although the volume of these shipments decreased by 4%.
A ban on Russian LNG shipments under previously concluded short-term contracts has been in effect since 25 April 2026. The transition period for long-term contracts will end on 1 January 2027. The EU has set a separate schedule with later deadlines for pipeline gas from Russia.
