
EU Moves to Speed Up Ban on Russian Gas Imports in Latest Sanctions Package
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EU Moves to Speed Up Ban on Russian Gas Imports in Latest Sanctions Package
The EU wants to phase out purchases of Russian liquefied natural gas by January 2027. It is the 19th sanctions package the bloc has introduced since Russia launched its full-scale invasion in 2022.
Under the plan, the bloc would phase out purchases of Russian liquefied natural gas, or LNG, by January 2027 — a year earlier than initially scheduled.
“Russia’s war economy is sustained by revenues from fossil fuels. We want to cut these revenues,” European Commission chief Ursula von der Leyen said. “So we are banning imports of Russian LNG into European markets. It is time to turn off the tap.”
The proposal is the 19th sanctions package the bloc has introduced since Russia launched its full-scale invasion in 2022.
EU Moves to Speed Up Ban on Russian Gas Imports in Latest Sanctions Package
The EU wants to phase out purchases of Russian liquefied natural gas by January 2027. It is the 19th sanctions package the bloc has introduced since Russia launched its full-scale invasion in 2022.
Under the plan, the bloc would phase out purchases of Russian liquefied natural gas, or LNG, by January 2027 — a year earlier than initially scheduled.
“Russia’s war economy is sustained by revenues from fossil fuels. We want to cut these revenues,” European Commission chief Ursula von der Leyen said. “So we are banning imports of Russian LNG into European markets. It is time to turn off the tap.”
The proposal is the 19th sanctions package the bloc has introduced since Russia launched its full-scale invasion in 2022.