EU Agrees Deal to Ban Russian Gas by Autumn 2027

December 5 ------ EU lawmakers and European member states have agreed on a deal to ban all imports of Russian gas into the European Union by autumn 2027, they announced. The accord marks a compromise between the member states and the European Parliament, which wanted the ban to apply sooner. The ban on long-term contracts will apply on November 1, 2027, at the latest.

The Council presidency and the European Parliament’s representatives reached a provisional agreement on the regulation to phase out imports of Russian natural gas,” said a European Council statement. The move aims “to end dependency on Russian energy following Russia’s weaponization of gas supplies with significant effects on the European energy market”, it said.

The ban on long-term contracts will apply from November 1, 2027, at the latest for gas delivered by pipelines and from January 1, 2027, for liquified natural gas (LNG). For short-term contracts, the ban will come in from April 25, 2026, for LNG and from June 17, 2026, for pipeline gas. The timeline must get final approval from the European Parliament and member states.

Source: kyivpost.com