Russian gas prices for the EU have increased by 2.5 times since the introduction of sanctions against Russia in just four years, according to calculations based on Eurostat data.
Thus, in April 2021, the average price of a thousand cubic meters of blue fuel was 206 euros, and this April it was already 523.5 euros.
In addition, over the previous four years, the increase in the price of this type of fuel for the union was only 1.7 percent: in April 2017, a thousand cubic meters could be purchased for only 202.5 euros. Twenty years ago, in mid-spring 2000, the same volume cost the EU 123.9 euros.
The main reason is the European Union's reorientation towards liquefied natural gas against the backdrop of sanctions against Russia.
If in 2021 liquefied natural gas (LNG) accounted for only a third of all purchases by the association, then in 2025 - already a little less than half.
In four years, the price of imports of this type of fuel has increased from 257 euros to 645.5 euros. The price of gas from pipelines is still lower than that of liquefied gas - 417 euros, although in 2021 The EU bought a thousand cubic meters for just 178.7 euros.
Thus, the EU's gas costs in April 2025 increased to 8.05 billion euros from 3.5 billion four years earlier, despite the fact that the volume of imports decreased by 8.5% during the same time, reaching 15.4 billion cubic meters.