EU dependence on Russian oil and gas Economists believe sanctions against Russia will be partly offset by strong energy prices due to the EU’s reliance on Russian fossil fuels EU NATIONS MOST RELIANT ON RUSSIAN ENERGY (% of oil and gas sourced from Russia, 2020) Czech Rep. 100 49 Latvia 100 0 Hungary 95 61 Slovakia 85 100 Bulgaria 75 0 Finland 67 84 Germany 65 34 Poland 55 72 Estonia 46 0 Romania 45 32 Italy 43 11 Lithuania 42 73 Greece 39 18 Luxembourg 27 0 Netherlands 26 26 France 17 9 Sweden 13 8 Spain 10 2 Portugal 10 0 Slovenia 9 0 Belgium 7 30 Denmark 0 12 Austria 0 10 Croatia 0 0 Cyprus 0 0 Ireland 0 0 Malta 0 0 Gas Oil On average, EU relies on Russia for 35% of its natural gas Source: Time © GRAPHIC NEWS