EU's Russian LNG Imports Hit Multi-Month High in March, Data Shows

New data shows that the European Union's imports of Russian liquefied natural gas (LNG) reached a multi-month high in March, underscoring the bloc's continued reliance on Russian energy despite efforts to diversify. According to calculations based on Eurostat data, Russia ranked second among LNG suppliers to the EU in March, behind the United States.

The EU purchased around 933 million euros worth of Russian LNG in March, a 12.5% increase compared with the same month last year and the highest level since January 2025. Russia's share of EU LNG imports stood at 26.1% in March, while the US led with 43.6% and about 1.6 billion euros in imports.

Separate analysis from the Bruegel think tank, based on its own data, indicates that Russian LNG supplies to the EU totaled approximately 6.8 billion cubic meters (bcm) in the first quarter of 2026, up from about 5.7 bcm in the same period of 2025. For the January-April period, Russian supplies reached 8.98 bcm, an 18.5% increase year-on-year, according to Bruegel's calculations.

March saw a historic peak in Russian LNG deliveries to the EU, with 2.46 bcm supplied, according to Bruegel. The increase has been attributed in part to a suspension of shipments from the Middle East due to military conflict and the entry into force of regulations banning short-term contracts for Russian LNG in certain EU member states.

Overall EU LNG imports also rose in the first four months of 2026, reaching 51.46 bcm, up 5.3% from the same period last year. In April alone, the EU imported 12.28 bcm of LNG, which was 8% lower than in April 2025 and 13% below the record set in March 2026, when imports reached 14.1 bcm.

Supplies from the American direction—including the United States and Trinidad and Tobago—totaled 8 bcm in April, a 2.5% decline from March, according to Bruegel data.

The figures come amid ongoing EU efforts to phase out Russian fossil fuels by 2027, as outlined in the REPowerEU plan. However, the data suggests that, at least in the short term, Russian LNG continues to play a significant role in meeting the bloc's energy needs.

Key Claims

  • March 2026 marked the highest monthly value of Russian LNG imports into the EU since January 2025, at approximately 933 million euros, according to Eurostat-based calculations.
  • Russia was the second-largest LNG supplier to the EU in March 2026, with a 26.1% share by value, behind the US at 43.6%.
  • Russian LNG supplies to the EU in the first quarter of 2026 reached about 6.8 bcm, up from 5.7 bcm in Q1 2025, according to Bruegel.
  • January–April 2026 Russian LNG deliveries totaled 8.98 bcm, an 18.5% year-on-year increase (Bruegel data).
  • Total EU LNG imports in January–April 2026 increased by 5.3% to 51.46 bcm, with April seeing a monthly decline from March's record level.
  • The rise in Russian LNG imports has been linked to reduced shipments from the Middle East due to conflict and the implementation of restrictions on short-term Russian LNG contracts in some EU countries (per Bruegel analysis).

Perspectives

The data, sourced from Eurostat and Bruegel, present a straightforward picture of LNG trade flows. Eurostat's official statistics provide the basis for the import value and market share figures, while Bruegel's methodology is commonly used by analysts tracking European gas markets. The reports do not include commentary on policy implications, but the numbers are consistent with recent analyses showing that Russia remains a major LNG supplier to Europe despite political tensions.

It's worth noting that the figures are preliminary and subject to revision. Additionally, the term "historic high" in the Bruegel data refers to the highest monthly volume on record, not necessarily all-time flows since Russia began exporting LNG to Europe.

Conclusion

As the EU continues to navigate its energy transition and geopolitical pressures, the latest data highlight the ongoing importance of Russian LNG in the short term. Whether this trend persists will depend on a range of factors, including market dynamics, infrastructure developments, and policy decisions in the coming months.