Financing Putin’s war: Fossil fuel imports from Russia during the invasion of Ukraine

Fossil fuel exports are a key enabler of Russia’s military buildup and brutal aggression against Ukraine. The Russian Energy Export Tracker is a project developed by CREA to bring light to details of energy exports from Russia and how they changed after the invasion of Ukraine. We do that by tracking detailed ship movements and pipeline flows in as much detail as possible.

Our aim is to inform politicians, policymakers, media and other stakeholders about the buyers and the sheer amount of money flowing to Russia selling its fossil fuels. By providing more transparency into the topic, we engage all stakeholders to push for actions that would block financial flows supplying the Russian war campaign as soon as possible.



Reports

These reports provide regular assessments of Russia’s fossil fuel exports, providing a detailed picture of the importing countries, ports and companies, as well as trends in the volume of exports and imports. Read more on the methodology.

Shocked into action

In response to Russia’s aggression and soaring fossil prices, most EU Member States have announced significant increases in renewables deployment, while scaling down plans for fossil fuels.[…]


    Policy recommendations

    CREA encourages all governments and corporate buyers of Russian fossil fuels to 

    • end all purchases, in order to strengthen the effect of the sanctions and help end the war and the crimes against humanity committed by the Russian military.
    • end transshipments of Russian fossil fuels to third parties.
    • during any wind-down or transition period, or if a full ban isn’t plausible, institute tariffs on imports from Russia. Sufficiently high tariffs would encourage buyers not to purchase from Russia whenever possible, and curb the price paid to Russian suppliers on spot markets.
    • create a plan to replace Russian fossil fuels with clean (non-fossil) energy, energy efficiency and energy savings measures as soon as possible. This will be far more impactful than just re-arranging the global trade flows of fossil fuels, and will have far greater economic, health and national security benefits.

    Partner with us

    We are keen to find partners who can use our data to advocate for actions that would reduce fossil fuel imports from Russia, and promote clean energy solutions to replace these imports. Please contact us if you are interested in collaboration.