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EU Funds Russia’s War for 18 Months, Paying $220 Billion for Energy

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EU Funds Russia’s War for 18 Months, Paying $220 Billion for Energy
Burnt-out cars are being pictured at a five-story apartment block in the Holosiivskyi district destroyed by the Russian missile attack in Kyiv, Ukraine, on July 8, 2024. (Source: Getty Images)

European Union countries have paid Russia $220 billion (€204 billion) for energy resources since the start of Russia’s full-scale invasion of Ukraine, reported Ukrainian media UA War Infographics on October 28, citing Russia Fossil Tracker data.

Infographic, that compares how many days Russia can wage war against Ukraine using profits from it’s fossil fuel exports. (Source: UA War Infographics)
Infographic, that compares how many days Russia can wage war against Ukraine using profits from it’s fossil fuel exports. (Source: UA War Infographics)

While EU states have reduced their consumption of Russian energy, imports continue to fund the Russian budget, with energy exports remaining Moscow’s primary revenue source.

With Russian daily expenses for waging war in Ukraine being estimated at $392,6 million (€363,3 million) Germany’s payments have reportedly financed around 79 days of Russia’s war expenses, while Poland’s payments have covered approximately 30 days of Russian war against Ukraine.

Earlier, Russia’s Arctic LNG 2 plant, burdened by heavy Western sanctions, halted its liquefied natural gas (LNG) production.

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