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Russia’s Fuel Exports Generate $832 Billion Since the Beginning of Full Scale War
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![Vlad Litnarovych]( "Vlad Litnarovych")
Althrough sanctions, Russia managed to earn $832 billion (€770 billion) selling fissil fuels including coal, oil and gas, reported Ukrainian outlet UA War Infographic on October 29.
During the ongoing Russian full-scale war against Ukraine, China has become the largest buyer of Russian fossil fuels, followed by India in second place and Turkey in third.
Germany ranks fourth in individual purchases, though the European Union as a whole surpasses all, collectively taking second place with a significant share of 26.5% of all Russian energy exports.
Such numbers were in part possible due to Russia’s so-called “shadow fleet” which consists of approximately 600 vessels and is carrying Russian fuel to the international market circumventing the sanctions, imposed by the West after Russian attack on Ukraine.
US and it’s allies are actively working on closing this gap in the sanction politics, imposing sanction on more and more vessels and carriers linked to Russian “shadow fleet”.
In the meanwhile, after Indian refusal to buy Russian gas from it’s Arctic LNG 2 gas plant and amid worsening sanctions, this plant reportedly was forces to halt it’s production.
Earlier, it was reported that since the start of Russian full-scale offensive, the EU bought $220 billion worth of Russian fossil fuel, amounting to funding of 18 months of Russia’s war against Ukraine.
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