Space Travel News
OIL AND GAS
EU proposes ending all Russian gas imports by 2027
EU proposes ending all Russian gas imports by 2027
By Matthieu DEMEESTERE with Adrien DE CALAN in Brussels
Strasbourg, France (AFP) May 6, 2025

The EU on Tuesday unveiled a long-promised plan to phase out its remaining gas imports from Russia by the end of 2027, breaking a dependency it has struggled to end despite Moscow's war on Ukraine.

The European Commission's two-step plan would put an end to new contracts and existing short-term spot contracts with Russian suppliers by the end of 2025, and all remaining imports would be banned by the end of 2027.

"It is now time for Europe to completely cut off its energy ties with an unreliable supplier," said EU chief Ursula von der Leyen. "Energy that comes to our continent should not pay for a war of aggression against Ukraine."

The EU enacted a ban on Russian oil in late 2022 in response to President Vladimir Putin's invasion of the ex-Soviet state, and has since sought to wean itself off Russian gas as well.

Although gas imports via pipeline have fallen sharply, several European countries have increased their purchases of Russian liquefied natural gas (LNG), transported by sea.

Russia supplied 19 percent of the bloc's gas last year, EU data shows, down from 45 percent before the war.

"We don't want to be under the control of Putin," EU energy chief Dan Jorgensen told AFP after setting out the measures at a news conference in Strasbourg.

"We know that he will weaponise energy if he feels that it's in his interest," Jorgensen said, noting that the bloc had spent more buying fossil fuels from Russia than on aid to Ukraine since 2022.

The commission's plan drew immediate fire from Hungary, which has friendly ties with the Kremlin and slammed it as a "serious mistake".

But the phase-out is politically sensitive beyond Moscow's allies in Europe -- with gas prices already up sharply in recent months, just as the bloc thought it had seen the worst of the energy crisis triggered by the Ukraine war.

To do without Russian energy, the commission has stressed its guiding principle would be "diversification".

Specifically, phasing out Russian gas would pave the way for Europe to buy more LNG from the United States, something both Brussels and Donald Trump have floated as a way to resolve the standoff sparked after the US president targeted European exports with tariffs.

The United States is already the bloc's largest LNG supplier, making up 45 percent of the market.

- 'Much more to do' -

EU trade chief Maros Sefcovic told The Financial Times that the dispute with Washington could be resolved "very quickly" through additional LNG and soybean purchases -- as a way to reduce the 27-country bloc's trade surplus with its US partner.

Trump in April advanced the figure of $350 billion (309 billion euros) in additional energy purchases -- a prospect that has raised hackles in some quarters.

"The Commission risks replacing one disastrous dependency with another -- unplugging Putin's gas and plugging in Trump's," warned Greenpeace, which advocates energy savings and renewables as a better path to breaking fossil fuel dependency.

The commission does not need all 27 member states to approve the import bans, which require only the backing from a weighted majority of 15 countries.

But even so, EU officials acknowledge that phasing out Russian energy is easier said than done, as some member states are more dependent on Moscow's LNG than others.

France for example would face a heavier impact from any move away from Russian LNG since it has five terminals for its delivery in Europe.

France increased its Russian LNG imports by 81 percent between 2023 and 2024, giving Russia 2.68 billion euros ($3 billion) in income, according to the Institute for Energy Economics and Financial Analysis.

The commission plan also involves new steps to address Russia's so-called "shadow fleet" transporting oil despite the Ukraine war sanctions, while additional proposals next month will target Russian imports of enriched uranium and other nuclear materials.

Related Links
All About Oil and Gas News at OilGasDaily.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
OIL AND GAS
Moss method revives Canadian oil well sites into carbon-storing peatlands
Los Angeles CA (SPX) May 01, 2025
In a breakthrough for ecological restoration, researchers have developed a scalable technique to transform former oil and gas exploration sites in western Canada back into carbon-rich peatlands. The approach, pioneered by scientists at the University of Waterloo, involves lowering the ground level of decommissioned well pads and transplanting native peat mosses to reestablish the pre-drilling landscape. This marks the first full-scale application of the method on an entire well pad. The results de ... read more

OIL AND GAS
OIL AND GAS
Searching for the Dark in the Light

China opens international payload opportunities for Mars sample return mission

NASA's Curiosity Rover May Have Solved Mars' Missing Carbonate Mystery

Curiosity rover uncovers carbon cycle clues in Martian crater

OIL AND GAS
NASA moon instrument to return for subsurface volatile survey

Lunar Gateway Module Reaches Final Assembly Phase for Artemis Missions

NASA tests hybrid rocket motor to improve safe lunar landings

Innovative methods refine search for lunar ice

OIL AND GAS
Planetary Alignment Provides NASA Rare Opportunity to Study Uranus

On Jupiter, it's mushballs all the way down

20 years of Hubble data reveals evolving weather patterns on Uranus

NASA's Hubble Telescope May Have Uncovered a Triple System in the Kuiper Belt

OIL AND GAS
The eukaryotic leap as a shift in life's genetic algorithm

Super Earths Found Abundant in Distant Orbits Across the Galaxy

Astronomers find Earth-like exoplanets common across the cosmos

How Webb Telescope Opens New Avenues in the Quest for Extraterrestrial Life

OIL AND GAS
Slingshot launches turnkey system to enable space domain awareness for all nations

Firefly Aerospace's first stage explodes before satellite's deployment

Firefly to Develop Lighter Rocket Nozzle Extension Under AFRL Contract

Space Systems Command bolsters satellite processing for future launches

OIL AND GAS
Tiangong returns largest sample set yet for biological and materials science research

Space is a place to found a community not a colony

China's Shenzhou-19 astronauts return to Earth

New Shenzhou Crew Begins Handover Operations Aboard Tiangong

OIL AND GAS
Ancient Scottish meteorite strike rewrites timeline of life on land

New analysis upends belief that asteroid Vesta has planetary interior

Carbon reactions during impacts reveal why meteorites seem less shocked

NASA's Lucy Spacecraft Images Asteroid Donaldjohanson

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.