According to Eurostat, the European Union only produces 42% of its energy needs within its own territory, highlighting the bloc’s severe energy dependence.
As per the most recent Eurostat energy report, in 2020, the EU imported 58% of the energy it consumed from outside the Union.
⚡⬅️In 2020, the EU imported 58% of the #energy it consumed, as its own production satisfied only 42% of its needs.
🔸Imports from Russia satisfied 24% of the EU’s energy needs.
👉https://t.co/nD9jPOs5gv pic.twitter.com/PtPkIPKgVp— EU_Eurostat (@EU_Eurostat) March 28, 2022
Additionally, 24.4% – almost a quarter of the overall energy used – came from Russia alone.
In particular, the EU is highly reliant on Russian gas, with 46% of its natural gas – almost half – coming from Russia.
The EU imports more crude oil (26.9%) from Russia than the next three countries (Iraq, Nigeria and Saudi Arabia) combined.
Additionally, Russia provided 19% of the EU’s solid fuel supply. In particular, 53% of the EU’s hard coal came from Russia.
It is this dependence that has driven many European countries to focus on building more Liquefied Natural Gas (LNG) terminals in an effort to curb reliance on Russian imports to keep the lights on.
Move comes amid efforts to reduce dependency of gas supplies from Russia (via @IrishTimesBiz)https://t.co/E10TCb2O5s
— Irish Times Business (@IrishTimesBiz) March 25, 2022