Russia earned EUR 93 billion in revenue from fossil fuel exports in the first 100 days of the invasion of Ukraine - CREA

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27 November 2024, 11:44

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25 November

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Russia earned EUR 93 billion in revenue from fossil fuel exports in the first 100 days of the invasion of Ukraine - CREA

13-06-2022 12:57

Russia earned EUR 93 billion in revenue from fossil fuel exports in the first 100 days of the invasion of Ukraine, reads the report of the Centre for Research on Energy and Clean Air.

“Fossil fuels are filling Kremlin’s war chest

Russia earned EUR 93 billion in revenue from fossil fuel exports in the first 100 days of the war (February 24 to June 3). The EU imported 61% of this, worth approximately 57 billion EUR.

The largest importers were China (EUR12.6bln), Germany (EUR12.1bln), Italy (EUR7.8bln), Netherlands (EUR7.8bln), Turkey (EUR6.7bln), Poland (EUR4.4bln), France (EUR4.3bln) and India (EUR3.4bln).

The revenue comprises an estimated EUR46bln for crude oil, EUR24bln for pipeline gas, EUR13bln for oil products, EUR5.1bln for LNG and EUR4.8bln for coal.

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