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EU Unveils Plan to End Russian Gas Imports by 2027

The European Commission proposes a phased embargo on Russian gas, targeting spot market purchases by year-end, new contracts immediately, and a full ban within two years.

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Die EU will ihre Abhängigkeit beenden und plant ein Importverbot bis Ende 2027
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Overview

  • The EU Commission has announced a multi-step plan to phase out Russian gas imports, starting with a ban on spot market purchases by the end of 2025 and new contracts effective immediately.
  • A complete embargo on Russian gas imports, including LNG and pipeline supplies, is targeted for implementation by the end of 2027.
  • Environmental groups from Germany and Ukraine have urged Chancellor-Designate Friedrich Merz to halt state-owned SEFE's record LNG imports from Russia and reject any activation of the Nord Stream 2 pipeline.
  • SEFE, a German state-controlled company, reportedly increased its Russian LNG imports sixfold in 2024, drawing criticism for indirectly financing Russia's war in Ukraine.
  • The EU is exploring legal mechanisms such as force majeure clauses to allow companies to exit existing Russian gas contracts without penalties, though unanimity among member states remains a challenge.