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As a result of the Russian invasion of Ukraine in late February 2022, the value of Russian gas imports to the European Union soared. The import value of Russian gas stood at around 171.8 million euros on February 21, just days before the start of the Russia-Ukraine war. By April 4, the Russian gas import value had surged to nearly 265 million euros. While the gas import value decreased substantially in spring and summer 2022, so did the gas import volume. In effect, the European Union paid more for less gas.