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

Global reliance on burning fossil fuels perpetuates conflict and energy insecurity as well as air pollution and climate change.

The Centre for Research on Energy and Clean Air (CREA) is identifying fossil fuel exports from Russia and effective economic and financial countermeasures against Russia to help end the Russian military’s unprovoked and unjustified attack against the sovereign nation of Ukraine, which CREA absolutely condemns as a violation of the fundamental values of human wellbeing, safety, and dignity that CREA seeks to advance.

Read our Statement of Support for Ukraine and see below to find CREA’s data, analyses, and policy recommendations on Russian fossil fuel exports.


Weekly snapshots

Weekly snapshot ‑ Russian fossil fuels 3 to 9 June 2024

Weekly snapshot ‑ Russian fossil fuels 27 May to 2 June 2024

More news

April 2024 — Monthly analysis of Russian fossil fuel exports and sanctions

Discussion on sanctions on Russia — Finnish Parliamentary Group on Ukraine


Data products

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.


Other Data products

Russia sanction tracker

Tracking the dynamics of the sanctions on Russian fossil fuels.

Russia gas flaring

Track gas flaring intensity along Russian gas fields and infrastructure.

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.

War profiteering: Eight UK-insured tankers violate price cap, boosting Kremlin revenues by GBP 87 mn

An investigation led by the Centre for Research on Energy and Clean Air (CREA) has found suspected violations of the

A Kremlin pit stop: EU imports EUR 3 bn of oil products from Turkish ports handling Russian oil

A new report from CREA and the Center for the Study of Democracy (CSD) has revealed that since the EU/G7

Leveraging interdependence: An LNG price cap would have cut Russia’s LNG export revenues by 60% in 2023

Russia’s full-scale invasion of Ukraine and the ensuing energy crisis almost immediately underscored the European Union’s energy security vulnerabilities. The

Average EU citizen has paid more than EUR 400 for Russian fossil fuels since invasion

Two years since Russia’s full-scale invasion of Ukraine, despite a range of sanctions and embargoes, Russian fossil fuels continue to

Refining loophole widens: 44% increase in sanctioning countries imports of oil products from Russian crude in 2023

Sanctions imposed by EU/G7 countries prohibit the importation of Russian crude oil and oil products. The lack of a policy

Evading the sanctions: UK imports EUR 660 mn of oil products made from Russian crude

Sanctions imposed by the UK and EU on Russia prohibit the importation of Russian crude oil and oil products. There

One year of sanctions: Russia’s oil export revenues cut by EUR 34 bn

One year ago, as the USD 60 per barrel price cap and import ban on Russian crude came into effect

Shedding light on “shadow” tankers

Who transports Russia’s oil 18 months into the invasion? Since the first sanctions on Russian oil came into effect in

Renewables helped the EU save 14% of gas in underground gas storages

Increases in renewable electricity generation helped EU countries to boost underground gas storage levels by 14 percentage points from the

Russia’s oil revenue rebounds in March–April as price cap enforcement and review are failing

Russia’s oil revenues have rebounded in March–April from levels reached in January–February 2023, rising to the highest level since November,

The Laundromat: How the price cap coalition whitewashes Russian oil in third countries

Western countries that have largely banned the imports of oil from Russia imported EUR 42 billion worth of oil products

One year on, who is funding Russia’s war in Ukraine?

Russia’s illegal and brutal full-scale invasion of Ukraine started one year ago. Russia’s fossil fuel revenues have continued to enable


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.

Contact us

Do you have a query specific to our work around Russia’s full-scale invasion of Ukraine?

Would you like to use our data to advocate for actions that would reduce fossil fuel imports from Russia, and promote clean energy solutions to replace these imports?

Contact us: queries-russia@energyandcleanair.org