Netherlands Continues Importing 12% of LNG from Russia Despite EU Ban Commitments

The Netherlands continues to import approximately 12% of its liquefied natural gas (LNG) from Russia, despite European Union commitments to ban such imports by 2027. A report by the Institute for Energy Economics and Financial Analysis (IEEFA) identifies the Netherlands as one of five EU nations, including Belgium, France, Spain, and Portugal, still purchasing Russian LNG. While the figure has decreased significantly from 34% in 2022, it remains higher than expected, partly due to long-term contracts that are difficult to terminate. Much of the gas arriving in Rotterdam is destined for other European markets, complicating exact quantification for domestic use. The EU has shifted towards US supplies, which now account for 77% of imports. However, geopolitical tensions, including conflicts affecting the Strait of Hormuz, have disrupted global supply chains and driven up prices, potentially delaying stricter enforcement of bans. Experts warn that tightening the LNG market could increase costs, yet continuing imports risk funding Russia's war efforts. The IEEFA urges increased investment in renewables to reduce consumption and exposure to volatile energy markets.