This is more than 1/4 of Russia's export earnings in 2021.
The issue of restricting energy exports from the Russian Federation has been actively discussed in the EU for several weeks now, and unanimity in what decision to make yet, writes in the article President of the Center for Global Studies “Strategy XXI “Mykhailo Honchar.
The author says that the table below gives a retrospective view of the structure of Russia's income from energy exports.
“ Oil and refined products – in first place in importance, natural gas – in second place, but gives three to four times less, coal – in third place, but an order of magnitude less more important than oil “, he writes.
< span style = "font-weight: 400;"> In total, the EU consumes three times more energy from Russia than the largest buyer, China, which outperforms Europe only in coal supplies. Among the ten largest consumers are the five EU countries: the Netherlands, Germany, Italy, Poland and France. In 2021, Germany paid the Russians $ 23.1 billion. – this is 8.8% of annual “energy” revenue of the Russian Federation. Of these, $ 11 billion. – for gas , wrote Forbes.
“If European politicians banned the purchase of Russian oil, gas and coal, Russia would lose $ 135 billion, which is more than a quarter of export earnings, by 2021. According to experts, – 10% of GDP. This is the desired reduction in the cost of weapons for the war against Ukraine “ , – emphasizes Gonchar.
Read also: Scholz : Germany will need a transition period to impose a ban on coal from Russia
More about EU energy sanctions – the most effective impact on Russia's economy, read the article by Mikhail Gonchar ” Europe in Russia's energy trap: how to overcome dependence? ”.
See the special topic: United Russia believes that the war against Ukraine will “soon end” Representatives of Putin's party continue to spread Kremlin propaganda. Mobilization in the Russian army in ORDLO has finally failed Men do not appear in Russian and “republican” military enlistments. Europe is unsure of its ability to give up oil and gas from Russia – expert Partial or short-term embargo – a false and dangerous strategy. The Economist: Ukraine's victory determines what the world will be like Russia is trying to impose its cruel views on its neighbor by brute force, and this should worry everyone. The occupiers fired from MLRS at residential areas of Mykolayiv, there are victims There are no military facilities in the fired neighborhoods.
