Source link : https://london-news.net/eu-agrees-to-eliminate-russian-gas-imports-by-2027-a-historic-move-against-moscows-energy-dependence/
Negotiators from the European Union reached a consensus early Wednesday to gradually eliminate all imports of Russian gas by the autumn of 2027. This action is designed to cut off a significant source of revenue for Moscow, nearly four years into its conflict with Ukraine.
The agreement, finalized between representatives of the European Parliament and member states, establishes a clear timeline to reduce Europe’s long-standing dependence on Russian energy—an issue the EU has struggled to resolve since the full-scale invasion began.
“We’ve achieved it: Europe is permanently shutting off the flow of Russian gas,” stated EU Energy Commissioner Dan Jorgensen on X. “No more manipulation. No more coercion by Putin. We remain steadfast in our support for Ukraine.”
According to the terms of the agreement, long-term contracts for gas transported via pipelines, which can tie buyers for many years, will be prohibited starting September 30, 2027, contingent on adequate gas storage levels, and no later than November 1, 2027. Long-term contracts for liquefied natural gas (LNG) will face an earlier ban beginning January 1, 2027.
Shorter-term agreements are set to be phased out in 2026, with limitations beginning April 25 for LNG and June 17 for pipeline gas.
The European Council noted that the timeline is intended “to eliminate reliance on Russian energy following the weaponization of gas supplies by Russia,” which caused market instability and led to price spikes…
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Publish date : 2025-12-07 13:56:00
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