Payments to Russia for fossil fuels
since 24 February 2022
The Russia Fossil Tracker is a project led by CREA to highlight Russia’s fossil fuel revenues that enable their invasion of Ukraine. It also tracks the changes in Russian fossil fuel flows over time. To gain more insight into how this is done, please refer to the methodology.
You can find CREA’s reports on Russian fossil fuel exports, the looming threat they pose to energy security, and the effect of current sanctions, through CREA’s Financing Putin’s War project.
According to our estimates, since the beginning of the war, Russia earned EUR — billion in revenue from fossil fuel exports. European Union countries purchased for more than EUR — billion of these exports.
Last updated on: —
Notice 10th February 2025. We have added methodologies (Imports of third-country refined Russian crude oil and ‘Shadow’ vessel classifications) that are used across many of our reports to make it easier to reference them. These do not change how we update the counter.
See our methodology page for previous updates.
The European Union imports of Russian fossil fuels have steadily declined since the end of March, being more than halved in monetary values compared to pre-invasion levels. Whilst the EU remains the largest importer of Russian fossil fuels, it is now only marginally superior to China.
Oil (including crude oil and oil products) and fossil gas (either pipelined gas or LNG shipments) represent the vast majority of this revenue, as shown in the chart below.
For details on our methodology, please refer to our Russia Fossil Tracker’s methodology page.