cross-posted from: https://lemmy.ml/post/26410527
The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a report marking the third anniversary of the invasion has found.
The EU bought €21.9bn (£18.1bn) of Russian oil and gas in the third year of the war, according to estimates from the Centre for Research on Energy and Clean Air (Crea), despite the efforts under way to kick the continent’s addiction to the fuels that fund Vladimir Putin’s war chest.
The amount is one-sixth greater than the €18.7bn the EU allocated to Ukraine in financial aid in 2024, according to a tracker from the Kiel Institute for the World Economy (IfW Kiel).
Does somebody know how much profit Russia makes on a Barrel of oil or a kWh/m³ of Gas?
Edit: Changed m³ to kWh
Is it not measured by mass? A volume of gas could be many amounts based on the pressure.
You’re right. I’ve googled it since I’ve fortunately never had Gas, and a big energy company wrote it’s measured in kWh/m³, but I guess the latter part doesn’t really matter to the end consumer
My gas delivery is measured in cubic feet, then multiplied by a tested current BTU into Therms and billed per Therm. Does that make sense?
Yes. It is best to measure gas in terms of its energy content. Natural gas is a mixture of different compounds, mainly methane, but also ethane and small quantities of propane.
The composition is different from source to source. However for information on the scale of countries imports and exports it is often measured by unpressurized volume, because that is much easier to keep track off. And then it does not matter so much, if the gas had 5% more or less kWh/m³