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EU clinches deal to phase out Russian gas imports by 2027

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Europe Reaches Deal Phasing Out Russian Gas Imports By 2027 2025 12 03

Liz Truss

Volodymyr Zelenskyy

Jake Sullivan

Dmitry Peskov

John Kirby

Daniel DePetris

Mykhailo Podolyak

Petro Poroshenko

Andrey Illarionov

Dmytro Kuleba

David Von Drehle

Oleksiy Reznikov

Sergei Shoigu

Dmitry Gorenburg

Ivan Losev

Aleksey Arestovich

Andrzej Duda

James Stavridis

Dmitry Medvedev

Jason Jay Smart

Beth Knobe

Dmitri Alperovitch

Richard Branson

When Will the Russia-Ukraine War End?

The European Council and European Parliament reached a provisional agreement early Wednesday to phase out Russian gas imports by 2027, introducing a legally binding stepwise prohibition on liquefied natural gas and pipeline gas from Russia.

The European Council and European Parliament reached a provisional agreement early Wednesday to phase out Russian gas imports by 2027, introducing a legally binding stepwise prohibition on liquefied natural gas and pipeline gas from Russia.

Under the deal, LNG cargoes of Russian origin will be banned from Jan. 1, 2027, with pipeline imports following on Sept. 30 the same year, while spot purchases will disappear earlier with LNG banned from April 26, 2026 and pipeline gas from June 17, 2026.

Under the deal, LNG cargoes of Russian origin will be banned from Jan. 1, 2027, with pipeline imports following on Sept. 30 the same year, while spot purchases will disappear earlier with LNG banned from April 26, 2026 and pipeline gas from June 17, 2026.

As of October, Russia accounted for 12% of EU gas imports, down from 45% before its 2022 invasion of Ukraine, with Hungary, France and Belgium among the countries still receiving Russian gas, according to the European Council.

As of October, Russia accounted for 12% of EU gas imports, down from 45% before its 2022 invasion of Ukraine, with Hungary, France and Belgium among the countries still receiving Russian gas, according to the European Council.

The European Commission will in early 2026 table a proposal for a prohibition on Russian pipeline oil intended to take effect no later than end 2027, with the commission required to present a plan next year outlining how Russian oil exports to Slovakia and Hungary will be phased out.

The European Commission will in early 2026 table a proposal for a prohibition on Russian pipeline oil intended to take effect no later than end 2027, with the commission required to present a plan next year outlining how Russian oil exports to Slovakia and Hungary will be phased out.

Entities found breaching the ban will face penalties of 40 million euros, 300% of the transaction value or 3.5% of annual turnover, with national authorities choosing which sanction to apply, according to the agreement reached by EU negotiators.

Entities found breaching the ban will face penalties of 40 million euros, 300% of the transaction value or 3.5% of annual turnover, with national authorities choosing which sanction to apply, according to the agreement reached by EU negotiators.

Russia's gas exports to Europe via the TurkStream pipeline increased by 7.8% year on year in January through November and totaled 16.3 billion cubic meters, according to calculations based on data from the European Network of Transmission System Operators for Gas.

Russia's gas exports to Europe via the TurkStream pipeline increased by 7.8% year on year in January through November and totaled 16.3 billion cubic meters, according to calculations based on data from the European Network of Transmission System Operators for Gas.

EU Agrees to Phase Out Russian Gas Imports by 2027

EU Agrees to Phase Out Russian Gas Imports by 2027

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EU Agrees to Phase Out Russian Gas Imports by 2027

EU Agrees to Phase Out Russian Gas Imports by 2027

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