The issue of limiting energy exports from Russia has been actively discussed in the EU for several weeks, and there is no unanimity on what decision to make yet, writes Mikhail Gonchar, President of the Strategy XXI Center for Global Studies, in an article..

The author says that the table below gives a retrospective view of the structure of Russia's income from energy exports.

“Oil and processed products are in first place in terms of importance, natural gas is in second place, but brings in three to four times less, coal is in third, but gives an order of magnitude less significant than oil,” he writes..

In total, the EU consumes three times more energy from the Russian Federation than the largest buyer country China, which surpasses Europe only in coal supplies.. The top ten consumers are five EU countries: the Netherlands, Germany, Italy, Poland and France. In 2021, Germany paid the Russians $23.1 billion. - this is 8.8% of the annual " Of these, $11 billion. - for gas, wrote Forbes.

“If European politicians banned buying Russian oil, gas and coal, Russia would lose $135 billion. , which is more than 1/4 of export revenue in 2021. According to experts, 10% of GDP. This is the desired reduction in arms spending for the war against Ukraine,” Gonchar emphasizes..

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Read more about EU energy sanctions, the most effective impact on the Russian economy, in Mikhail Gonchar's article “Europe in Russia's energy trap: how to overcome dependence?