“EU accelerates rejection of Russian gas after Trump’s call – mediaThe European Union is considering an accelerated rejection of Russian liquefied natural gas imports by the end of 2027. This
decision follows US President Donald Trump’s call for the EU to limit energy trade with Moscow.
”, — write: unn.ua
The European Union plans to take steps to accelerate the phase-out of Russian liquefied natural gas just days after US President Donald Trump called on the EU to do more to curb energy trade with Moscow.
It is noted that the European Commission is considering including in its new package of sanctions a provision on phasing out all Russian liquefied natural gas imports by the end of 2027, which was the EU’s initial plan.
According to sources, many EU countries are reluctant to impose tariffs against India and China, so the commission is focusing on Russian gas.
The global gas market is expected to start moving into surplus in the second half of next year, which will reduce the risk that a gradual phase-out of Russian gas could put pressure on European supplies and lead to price spikes. This will be a key factor for the EU in determining a new phase-out date.
RecallUS President Donald Trump stated that EU and NATO countries’ purchases of Russian oil should stop immediately.