China and Russia Expand Arctic Cooperation With Joint Scientific Expedition as Security Concerns Grow
EU Payments for Russian Yamal LNG Hit €2.88 Billion in Q1 as War-Driven Price Spike Boosts Kremlin Arctic Revenues The European Union remained the dominant buyer of Russia’s Yamal LNG in the first quarter of 2026, paying an estimated €2.88 billion as a war-driven spike in gas prices boosted Kremlin revenues. Moscow also benefited from surging Arctic oil prices and stepped up efforts to expand the buyer base for sanctioned cargoes from its Arctic LNG 2 project.