The figure, based on Eurostat data, was given to Euronews by a European Commission representative. It covers Russian energy supplies to the bloc from March 2022 through July 2026.

Deputy Prime Minister Alexander Novak, who oversees Russia's fuel and energy sector, said on 12 October that Moscow had sold oil and gas to EU countries worth $320.7bn (about €286bn) since 2022. That is $112bn more than the Commission's estimate.

US President Donald Trump has cited a third figure, $250bn, saying the EU paid Russia that much for energy.

Anna-Kaisa Itkonen, the European Commission's energy spokesperson, declined to comment on the Russian and American estimates. She said Russia's share of EU gas imports had fallen from 42–45% in 2022 to about 12% in 2026.

Without REPowerEU, a programme adopted in spring 2022 to reduce dependence on Russian supplies, the EU would have spent about €475bn on Russian energy, the Commission representative said. The saving amounted to roughly €278bn.

According to the Commission, Russian oil accounted for about 2% of the EU's crude oil imports in 2025, down from 20% in 2022. An EU regulation on the phased phase-out of Russian natural gas took effect in February 2026.

The document provides for a complete halt to imports of Russian liquefied natural gas by the end of 2026 and of pipeline gas no later than 30 November 2027. Countries still buying Russian oil must prepare plans to end imports by the end of 2027.

The accounts diverge: the European Commission puts EU payments to Russia at €197bn, Novak has cited $320.7bn and Trump $250bn. The Commission representative did not confirm the Russian or American calculations.