Finance
Poland to cut imports of Russian LPG by 80%, lobby says
Published by Global Banking and Finance Review
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 16, 2025
1 min readLast updated: January 27, 2026
Poland will cut Russian LPG imports by 80% due to sanctions, increasing imports from other European countries and the US.
MOSCOW (Reuters) - Poland, the largest importer of Russian liquefied petroleum gas (LPG), is set to cut its purchases this year by around 80% due to Western sanctions on Moscow over Ukraine, the Polish LPG association (POGP) said.
In volume terms, POGP expects imports from Russia to fall to around 20,000 metric tons per month this year from 100,000 tons a month on average in 2024, following the implementation of European sanctions on Russian LPG on Dec. 20.
The sanctions excluded some types of LPG, such as butane and isobutane, which are mainly used as a feedstock for production of other petrochemicals. Other types of LPG are mainly as fuel for cars and heating.
To make up for the shortfall, POGP said it expects Poland to increase LPG imports via its ports and via trucks from countries including Germany and the Netherlands.
LSEG ship-tracking data showed Poland had already increased seaborne LPG imports in 2024 by 5% to 1.14 million tons, as it anticipated the sanctions.
Supplies from the United States and Britain also increased significantly, while seaborne imports from Sweden declined.
(Reporting by Reuters; editing by Barbara Lewis)
The main topic is Poland's decision to cut Russian LPG imports by 80% due to European sanctions.
Poland is reducing imports due to European sanctions imposed on Russia over the Ukraine conflict.
Poland plans to increase LPG imports from countries like Germany, the Netherlands, the US, and the UK.
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