EU Lawmakers Approve Plan to Phase Out Russian Gas by 2027
13 Articles
13 Articles
MEPs finally adopted on Wednesday the ban on all Russian gas imports into the European Union by autumn 2027 at the latest, with the aim of depriving Russia of resources financing its war in Ukraine.
The European Parliament has approved this text by a large majority, which has yet to obtain a final green light from the Member States by qualified majority - normally a formality.
EU lawmakers approve plan to phase out Russian gas by 2027
(Investing)– The European Parliament voted on Wednesday to approve the European Union’s plan to phase out Russian gas imports by late 2027. The approval marks a significant step forward for the initiative, which now faces just one remaining legal hurdle before becoming law. The Russian gas ban still requires formal approval from EU countries’ ministers, with that vote expected to take place in early 2025. Once fully approved, the legislation woul
The European Parliament voted by a large majority on Wednesday to withdraw the European Union from importing natural gas from Russia.
Following the war between Russia and Ukraine, the European Union imposed various sanctions on Moscow. One of these was the cessation of Russian gas imports. The European Parliament (EP) adopted legislation requiring EU countries to gradually end imports of natural gas and liquefied natural gas (LNG) from Russia by the autumn of 2027.
The European Parliament approved a regulation on Wednesday that will allow for the gradual elimination of gas imports from Russia, according to Agerpres. A resolution to this effect was adopted in the plenary of the European Parliament with 500 votes in favor, 120 against and 32 abstentions. Russian liquefied natural gas (LNG) on the spot market will be banned at the European Union level once the regulation enters into force at the beginning of …
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