US EditionEU Parliament Approves Phase Out of Russian Gas Imports
10 Articles
10 Articles
Indian Express
EU Parliament approves phase out of Russian gas imports
The EU agreed earlier this month on legislation to cut ties with Europe's former top gas supplier Russia, having vowed to do so after Moscow's 2022 full-scale invasion of Ukraine.
At the beginning of Russia's aggression against Ukraine in 2022, the Czech Republic was 98 percent dependent on Russian gas and almost half on Russian oil. Russia used its supplies to Europe as a means of pressure to discourage countries like the Czech Republic from supporting Kiev. The result was a dramatic increase in oil and especially gas prices. "It cost every Czech household one hundred thousand crowns," says MEP Jan Farský.
The European Parliament overwhelmingly supported the EU's withdrawal of natural gas imports from Russia. The vote took place on Wednesday in Strasbourg and concerned an agreement previously negotiated between the European Parliament and the Council of the EU.
The European Parliament has decided on a phased-out EU withdrawal from Russian gas imports by November 1, 2027 at the latest, including a ban on new contracts and transitional periods for existing deliveries.
EU Votes To Ban Russian Gas Importation From 2026
MEPs have approved a landmark law that will gradually ban Russian gas imports into the EU, marking a major shift in Europe’s energy policy. Under the new rules, spot-market Russian liquefied natural gas (LNG) will be banned from early 2026, while pipeline gas imports will be fully phased out by September 2027. Member states will also be required to enforce harmonised penalties on operators who breach the rules. The legislation also sets the stag…
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