Despite its earlier pledge to stop buying Russian gas, the Netherlands continues to purchase shipments of the fuel, according to news outlet RIA Novosti, in a report Saturday which cited Dutch trading data.
The report noted that in September, the EU nation purchased roughly 211.5 million cubic meters of liquified natural gas (LNG) from Moscow for a price of €109 million ($117 million). The purchases came after three months in which the Netherlands refrained from purchasing Russian LNG, following an announcement from the climate and energy minister of the Netherlands, Rob Jetten, which said the government was attempting to cease all imports of hydrocarbons from Russia.
In his April announcement, Jetten pledged the Netherlands would cease signing on to any new contracts for LNG from Russia, and it would terminate any pre-existing contracts, which caused imports to suddenly decline in May, and cease completely over the summer.
Although over the last 22 months, the EU had placed numerous economic sanctions on Russia due to the conflict in Ukraine, it has not directed any of the restrictions at Russia’s gas exports. Regardless, the imports of pipeline gas from Russia into the EU were mostly stopped as the bloc sought to end its reliance on Russian energy.
Still, the EU has continued to purchase record volumes of LNG from Russia in 2023, as the cargoes hit an all-time high in November of 1.75 million tons, according to Kpler data.
Now, the EU is developing legislation which would allow member states to end gas imports from Russia unilaterally, according to recent media reports. The Financial Times reports that according to a document it has seen, the new measures would allow any member state to “partially or, where justified, completely limit” or block Russian and Belarusian companies from purchasing capacity in European pipelines and LNG terminals.