Overview
- The accord would halt Russian liquefied natural gas imports starting next year, a year earlier than initially proposed, and end long‑term pipeline contracts by the close of 2027.
- The plan forms part of the REPowerEU roadmap to phase out reliance on Russian energy and reinforce support for Ukraine.
- Formal approval by the European Parliament and Council is still required, with Hungary vowing a legal challenge and Slovakia considering a lawsuit.
- Russia has criticized the move, claiming it will lift consumer prices and weaken European competitiveness, according to Reuters.
- The International Energy Agency cautions that labor shortfalls and flawed long‑term market signals could delay infrastructure needed to replace Russian gas despite strong job growth in clean energy.