Overview
- The European Commission presented a legally binding roadmap to phase out Russian gas imports, targeting a complete ban by the end of 2027.
- The plan includes a two-step approach: prohibiting new and spot contracts by the end of 2025 and ending all imports by 2027.
- Hungary has criticized the proposal as ideological, while France faces scrutiny for increasing Russian LNG imports by 81% from 2023 to 2024.
- Tensions with the U.S. over LNG trade and reliance on American energy supplies complicate efforts to diversify away from Russian energy.
- Experts highlight challenges in implementing a full embargo, suggesting tariffs on Russian gas as a potentially more viable enforcement mechanism.