Overview

• New contracts for Russian pipeline gas and LNG would be barred from January 1, 2026, and existing long-term agreements must end by December 31, 2027.
• The measure covers both pipeline deliveries and liquefied natural gas to reduce Europe’s dependence on Russian energy and curb war financing.
• A built-in safeguard clause allows temporary exemptions if sudden market shifts threaten energy security in member states.
• Hungary and Slovakia have voiced concerns over supply risks and may seek carve-outs during negotiations with the European Parliament and EU governments.
• State-owned Sefe, formerly Gazprom Germania, is set to lose its main source of Russian LNG and must secure alternative volumes to fulfil its contracts.