EU Oil Imports Value Up By 56%, Volume Stable In Q2 2026
Umer Jamshaid
Published September 23, 2026 | 05:00 AM
BRUSSELS, (UrduPoint / Pakistan Point News / WAM - 23rd Sep, 2026) In the second quarter of 2026, the value of the EU’s petroleum oil imports rose sharply by 55.8%, however their volume remained mostly stable compared with the monthly average in 2025, at 36.7 million tonnes (+1.2%), according to figures released by Eurostat, the statistical office of the European Union.
Regarding liquefied natural gas (LNG), import value rose by 4.1% and import volume fell by 5.6%. In the same period, imports of natural gas in gaseous form rose in both value (+18.5%) and volume (+3.4%).
Main Suppliers:
The main suppliers of petroleum oil to the EU in Q2 2026 were:
- United States (18.8%)
- Norway (14.3%)
- Kazakhstan (13.4%)
The majority of LNG was imported from:
- United States (63.2%)
- Russia (17.3%)
- Algeria (8.1%)
Other Notable Suppliers:
- Norway (leading supplier of natural gas in its gaseous state (51.2%))
- Algeria (18.2%)
- United Kingdom (11.1%)
- Russia (10.2%)