US EditionEU Agrees to Phase Out Russian Gas Imports By 2027
The EU will ban all Russian liquefied natural gas by January 2027 and phase out pipeline imports by September 2027 to end energy dependence on Russia, which supplied 40% of demand.
- Early on Wednesday, representatives of the European Parliament and EU governments clinched a deal to phase out Russian natural gas by 30 September 2027, the Danish Presidency said.
- At its peak, Russia supplied about 40% of EU gas demand, roughly 140 billion cubic metres, and EU officials said Russia 'weaponized' supplies, destabilizing markets and raising prices.
- Spot purchases will be prohibited from April 25, 2026 for Russian liquefied natural gas and June 17, 2026 for pipeline gas, while all Russian LNG imports will be banned from Jan. 1, 2027 and pipeline imports from 30 September 2027.
- European companies will be allowed to invoke force majeure to exit contracts once the ban takes effect; entities breaching it face penalties up to �40 million or 3.5% turnover, and EU members must submit diversification plans to the European Commission by March 1.
- EU officials estimate Russian LNG deliveries this year at around 15 billion euros, while the European Commission will propose a Russian pipeline oil ban early 2026, targeting end-2027; Hungary signalled it will keep buying Russian energy as plans for Hungary and Slovakia are drafted.
220 Articles
220 Articles
The EU has pre-approved the plan, which will completely ban Russian gas imports by 2027. There will be fixed deadlines, a transition period and strict restrictions.
EU Agrees to Stop Russian Gas Imports by Late 2027, Phase Out Russian Oil
The European Union has agreed to stop Russian natural gas imports by late 2027 and has committed to phasing out Russian oil, the bloc announced on Dec. 2. The Council of the EU, which is composed of national ministers from each of the 27 member states, and the European Parliament agreed on a provisional roadmap to introduce a ban on liquefied natural gas (LNG) by Dec. 31, 2026, and pipeline gas by Sept. 30, 2027. The European Commission, the EU’…
EU Agrees to Stop Russian Gas Imports by Late 2027, Phase Out Russian Oil - The Thinking Conservative News
The European Union has agreed to stop Russian natural gas imports by late 2027 and committed to phasing out Russian oil, the bloc announced on Dec. 2. The post EU Agrees to Stop Russian Gas Imports by Late 2027, Phase Out Russian Oil appeared first on The Thinking Conservative News.
The EU wants to be completely independent of Russian gas by the end of 2027 at the latest.
BBC World Service - Newshour, EU to phase out Russian gas imports by 2027
The European Union has reached an agreement to phase out its remaining imports of Russian gas by 2027. The decision came after a lengthy meeting in Moscow between US and Russian representatives resulted in no breakthrough to end the war in Ukraine. The sovereignty of the eastern region of Donbas, largely controlled by Russia, is at the heart of the negotiations, with Ukrainian President Volodymyr Zelensky refusing to cede the territory. Also in …
The EU wants to withdraw completely from Russian gas imports within two years. Commission President von der Leyen speaks of a "new era" of independence from Moscow. Hungary wants to sue the decision.
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