EU Agrees to Stop Russian Gas Imports by Late 2027, Phase Out Russian Oil
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Category: Global Government & Alliances
Summary:
The European Union has agreed to cease imports of Russian natural gas by late 2027 and to phase out Russian oil, according to an announcement on December 2. The Council of the EU and the European Parliament approved a provisional roadmap to ban liquefied natural gas imports by December 31, 2026, and pipeline gas by September 30, 2027. The European Commission stated that the full phaseout, outlined in the REPowerEU Roadmap, aims to ensure Europe’s energy independence, competitiveness, resilience, and market stability. This decision follows the EU’s efforts to reduce reliance on Russian energy after the 2022 invasion of Ukraine.
Tags: European Union, Russian gas, Russian oil, energy independence, REPowerEU Roadmap, EU Parliament, EU Council
Source Excerpt:
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’s executive branch, said in a statement that the full phaseout of Russian fossil fuels set out in the REPowerEU Roadmap will “guarantee Europe’s energy independence, competitiveness, resilience and market stability.”......
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Source: Algemeiner
Posted on 12-04-2025 01:36