EU agrees to phase out Russian gas imports by 2027

The European Union agreed on Wednesday to phase out Russian gas imports by late 2027 as part of an effort to end the bloc’s decades-long dependency on Russian energy, though legal challenges from its members already loom. Representatives for EU governments and the European Parliament reached an agreement on proposals set out by the European Commission in June to end shipments from the EU’s former top gas supplier following Russia’s invasion of Ukraine in 2022. Under the agreement, the European Union will permanently halt the import of Russian gas and move towards a phase-out of Russian oil. Liquefied natural gas imports will be phased out by the end of 2026 and pipeline gas by the end of September 2027. 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 supplies, as per a report.

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