EU unveils long-promised plan to quit Russian gas by end-2027
The European Commission on Tuesday has drafted a roadmap on how it plans to phase out Russian by 2027, aiming to end Europe's dependence on Russian fossil fuels. The two-step plan will terminate new contracts and existing short-term deals by 2025, with a complete ban by 2027. This move is part of the EU's effort to reduce Russia's leverage over energy supplies, following the invasion of Ukraine.
The European Commission on Tuesday has drafted a roadmap on how it plans to phase out Russian by 2027, aiming to end Europe's dependence on Russian fossil fuels. The two-step plan will terminate new contracts and existing short-term deals by 2025, with a complete ban by 2027. This move is part of the EU's effort to reduce Russia's leverage over energy supplies, following the invasion of Ukraine.
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