Europe must no longer fill Putin's war chest

Europe must no longer fill Putin's war chest

The EU states continue to import Russian natural gas in the form of LNG and help to ship it to other regions of the world. Germany is also involved. The trade in liquefied natural gas, in which European companies make a profit, could even increase. This urgently needs to stop.

Since the Russian invasion, Ukraine has been fighting for the survival of its state, its nation and its culture. The EU and the USA are firmly on Ukraine's side and are supporting the country economically, with humanitarian aid and extensive arms deliveries. At the same time, the EU, above all Germany, began a late but all the faster learning process. We have learned the hard way: If Europe makes itself unilaterally dependent on autocratic systems, we endanger our own security.

In an enormous feat of strength, the German government corrected the wrong decisions of past decades and made Germany independent of Russian natural gas within a very short space of time. While no natural gas has been flowing through the Nord Stream pipelines for over a year, Russia continues to supply natural gas to Europe - as liquefied gas by ship. Russia already increased its LNG exports to Europe by 30 percent last year. By 2030, Russia plans to triple its liquefied natural gas deliveries to 100 million tons per year.

To achieve this, Russia is massively expanding its infrastructure in the Arctic. With the help of the former Dax group Linde and the French company Technip, the Arctic LNG 2 project was built in 2022, even after Russian troops invaded Ukraine. The technical support of the two European companies made it possible to put the first of three Russian LNG export terminal blocks into operation in July 2023 - shortly before the Western sanctions came into force. Putin himself was present at the commissioning ceremony. In October, the Russian president gave the green light for the construction of another large LNG terminal in Murmansk.

The Russian liquefied natural gas business is largely operated by Novatek, a group owned by oligarchs Leonid Viktorovich Mikhelson and Gennady Nikolayevich Timchenko, who have close ties to Putin. Novatek controls 50.1 percent of the Russian Yamal LNG terminal and is expanding further with the construction of the terminal on the Gydan peninsula in western Siberia. The company, which is currently preparing to expand into world markets, is even directly involved in the Russian war of aggression. There are reports that the company's security personnel form their own mercenary group.

Russian gas flows to Germany

This makes it all the more worrying that, despite the EU's promise to end its dependence on Russian fossil fuels, some countries, including Belgium, France and Spain, have significantly increased their imports of Russian LNG. Some Russian gas also reaches Germany via Belgium. But Europe is not only importing Russian LNG, it is also helping to resell Russian liquefied natural gas in non-EU countries. A significant proportion is transhipped in European ports and shipped to countries such as India and China. In 2022, the Belgian gas network operator Fluxys handled 72% of all Russian LNG transshipments in the EU, which were mainly destined for non-EU countries.

The fact that the Federal Republic of Germany is involved in the trade in Russian liquefied natural gas with the help of the LNG tanker Amur River is completely unacceptable. The "Amur River" belongs to the company SEFE, which was nationalized last year as part of Gazprom Germania. The ship continues to transport Russian gas around the world on the basis of old contracts. This practice must be ended as soon as possible. Anyone who still dismisses gas business with Russia in 2023 as a private commercial matter is a dangerous denier of reality.

European Parliament calls for import ban

Trade in Russian LNG runs counter to our very own security interests. Russian gas exports fill the Russian state budget, a third of which now flows into the military and thus directly into the war of aggression. It has to be said so clearly: Anyone who imports and trades in Russian liquid gas is supporting Putin's criminal actions in Ukraine. We in Europe must realize this: The Russian president has not given up his war aims. He is counting on having staying power. If we want peace in Europe, it is crucial to cut off Putin's money supply.

It is high time for the European Commission and the governments of the Member States to take concrete action to implement the common goal of stopping all imports of Russian fossil fuels. The recent resolution of the European Parliament (EP) in favor of an import ban, although not legally binding, is an important signal. The EP has made it clear that Energy Commissioner Kadri Simson's announcement in September that she would authorize member states to ban Russian LNG individually is not enough. We must sanction Russian LNG together; not a drop of Russian liquefied natural gas may be unloaded or transhipped in European ports. When it comes to our collective security, we in Europe must also take these measures together. The latest US sanctions against the Russian LNG infrastructure point the way forward.

We can do without

We are not dependent on Russian LNG in Europe. Demand for gas has reached a record low this year and our gas storage facilities are almost fully utilized with a fill level of 99 percent. We are in a position to diversify our energy sources and can further reduce our dependence on natural gas by accelerating the use of heat pumps and carrying out energy-efficient modernizations. Instead of continuing to fill Putin's war chest, renewables in Europe must be expanded even faster.

All of this is not just for our own security. It also protects the climate. Because if we want to meet the Paris climate targets and save our natural resources, we have to make sure that Russian gas stays in the ground.

1. Despite the ongoing conflict in Ukraine, some EU countries, such as Belgium, France, and Spain, have increased their imports of Russian LNG significantly.
2. The EU Parliament has passed a resolution calling for an import ban on all Russian fossil fuels, including LNG, in an effort to cut off Putin's financial support for the war.
3. The Russian company Gazprom, with the help of European companies like Linde and Technip, is expanding its LNG infrastructure in the Arctic, aiming to triple its LNG deliveries to Europe by 2030.
4. Novatek, a Russian company with ties to Putin, controls a majority stake in the Yamal LNG terminal and is planning to expand further with a new terminal on the Gydan peninsula.
5. Gas supplies through the Nord Stream pipelines have been halted, but Russia continues to supply Europe with LNG through ships, making the EU a vital part of Russia's LNG business.
6. EU countries like Spain and France have LNG terminals that receive and resell Russian LNG, furthering Russia's war efforts through the revenue generated from these sales.

Source: www.ntv.de