The European Commission is preparing to propose legal measures next month to phase out the EU's imports of Russian gas and LNG by 2027.
The European Commission announced on Tuesday that it will propose legal measures in June to phase out the European Union’s imports of Russian gas and liquefied natural gas (LNG) by the end of 2027. This is part of the EU's strategy to end its long-standing energy relationship with Russia.
According to the Commission, the upcoming legal proposal will include a ban on remaining Russian gas imports under existing contracts by 2027 and will also target Russian gas imports under new agreements and spot contracts by 2025.
As of now, around 19% of Europe’s gas still comes from Russia, a significant decrease from 45% prior to the invasion. While some EU industries have expressed support for the resumption of Russian gas imports, the EU continues to push forward with efforts to reduce reliance on Russian energy, including increasing its purchases of LNG from the U.S. to replace lost Russian volumes.
In addition to the gas measures, the Commission plans to introduce a ban on Russian enriched uranium supply contracts. However, the legal options for breaking existing Russian gas contracts have yet to be outlined, with approval from the European Parliament and a majority of EU countries needed for the proposal to move forward.
The EU has already imposed sanctions on Russian coal and most oil imports, but gas has remained a point of contention, particularly for countries like Slovakia and Hungary, which still rely heavily on Russian pipeline gas.
The Commission’s plan aims to mitigate the impact on European energy prices, which could be affected by the phased-out gas imports. In addition to diversifying energy sources, the EU is betting on renewable energy to reduce overall fossil fuel consumption.
Turkish Foreign Minister Hakan Fidan will travel to Warsaw on Thursday to attend an informal meeting of EU foreign ministers, focusing on regional security, hybrid threats, and Türkiye-EU cooperation.
A verbal order from U.S. Defense Secretary Pete Hegseth briefly halted 11 arms shipments to Ukraine without presidential approval, exposing cracks in Trump’s early national security process.
The Kremlin says it still intends to observe a three-day ceasefire this week during Victory Day celebrations but has warned it will respond to any Ukrainian strikes during the pause.
In a recent phone call, Russian President Vladimir Putin and Iranian President Masoud Pezeshkian discussed the ongoing nuclear program negotiations between Iran and the US, facilitated by Oman. The conversation underscored Russia's commitment to supporting a fair and legally grounded agreement.
Drone strikes on Port Sudan have intensified the conflict, damaging key infrastructure, disrupting aid operations, and compounding Sudan’s humanitarian challenges.
A dramatic surge in Asian currencies is signaling a shift in global financial flows, with analysts warning of a potential erosion of long-standing U.S. dollar supremacy.
U.S. President Donald Trump stated on Tuesday that the U.S. will stop airstrikes against Yemen's Houthi rebels after the group agreed to cease attacks on key shipping routes in the Middle East.
U.S. President Donald Trump has hinted at a major announcement later this week, without offering any details, during a wide-ranging Oval Office exchange with Canadian leader Mark Carney.
The European Commission is preparing to propose legal measures next month to phase out the EU's imports of Russian gas and LNG by 2027.
Uber said it would buy a majority 85% stake in Turkish food and grocery delivery platform Trendyol Go for $700 million, as the ride-hailing giant looks to tap new growth markets amid signs of saturation in its mainstay North American business.
Kremlin spokesperson Dmitry Peskov has announced the upcoming release of a documentary film about Russian President Vladimir Putin.
ChatGPT has rapidly emerged as one of the most influential artificial intelligence tools, transforming how we interact with technology through natural language.
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
New Tesla registrations in Denmark collapsed 67 % in April to 180 vehicles, industry data showed Thursday, underscoring a sharp demand drop for the EV maker in one of its once-strong European markets.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
The U.S. Supreme Court on Tuesday allowed the Trump administration’s ban on transgender individuals serving in the military to take effect, a decision that could lead to the discharge of thousands of servicemembers and marks a significant rollback of transgender rights under federal policy.
The United Kingdom and India signed a comprehensive free trade agreement on Tuesday, marking a historic shift in bilateral relations and paving the way for significant tariff reductions, economic cooperation, and expanded market access across key industries.
Azerbaijan has signed a landmark partnership agreement with the International Ski and Snowboard Federation (FIS) aimed at accelerating the development of winter tourism and sports, and positioning the country as a host of world-class international competitions, authorities announced on Tuesday.
A dramatic surge in Asian currencies is signaling a shift in global financial flows, with analysts warning of a potential erosion of long-standing U.S. dollar supremacy.
U.S. President Donald Trump stated on Tuesday that the U.S. will stop airstrikes against Yemen's Houthi rebels after the group agreed to cease attacks on key shipping routes in the Middle East.
A dramatic surge in Asian currencies is signaling a shift in global financial flows, with analysts warning of a potential erosion of long-standing U.S. dollar supremacy.
U.S. President Donald Trump stated on Tuesday that the U.S. will stop airstrikes against Yemen's Houthi rebels after the group agreed to cease attacks on key shipping routes in the Middle East.
U.S. President Donald Trump has hinted at a major announcement later this week, without offering any details, during a wide-ranging Oval Office exchange with Canadian leader Mark Carney.
The European Commission is preparing to propose legal measures next month to phase out the EU's imports of Russian gas and LNG by 2027.
Uber said it would buy a majority 85% stake in Turkish food and grocery delivery platform Trendyol Go for $700 million, as the ride-hailing giant looks to tap new growth markets amid signs of saturation in its mainstay North American business.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment