Russia has earned three times what Ukraine has received in aid in the last three years and much of the money comes from Europe, World Affairs editor Sam Kiley writes. There will be no ceasefire while the Kremlin has an oil-based slush fund
Russia has earned three times what Ukraine has received in aid in the last three years and much of the money comes from Europe
“The EU was the fourth largest buyer of Russian fossil fuels in December, their imports accounting for 17 per cent (EUR 2.5 bn) of the top five purchasers. LNG comprised the largest share of the EU’s purchases of Russia’s fossil fuels (39 per cent), followed by pipeline gas (38 per cent),” according to the Centre for Research on Energy and Clean Air (Crea).
Pipeline gas was flowing mostly via Ukraine, which has been cut off. LNG is really stupid though.