Russia’s revenues from gas sales to Europe will double in 2022

It is expected that in 2022 Russia will earn $ 100 billion from the sale of gas to Europe, that is, it will be 2 times higher than last year’s figure.

Despite the sanctions and the termination of gas supplies by Russia to some countries, its income from the sale of blue fuel will double due to higher energy prices.

The French newspaper Les Echos, referring to the forecast of the American financial group Citigroup, predicts the Russian Federation $ 100 billion in profit for the current year, twice as much compared to the past, when fuel prices “were already high.”

Thierry Bros, a professor at the Institute of Political Studies in Paris, has calculated that the EU countries, despite sanctions and promises to impose an embargo, pay Gazprom $ 200 million every day for gas supplies, writes bb.lv

As our edition reported, the European Commission presented a plan to phase out Russian gas and oil called REPowerEU. Russia has been the largest source of gas, oil and coal for many years. After its attack on Ukraine, the European Union decided to give up Russian energy carriers as soon as possible. This should deprive Moscow of the money with which it finances the war, as well as strengthen energy security Europe, which no longer sees the Russian Federation as a reliable supplier.



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