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EU to phase out Russian natural gas imports by 2027

(MENAFN) The European Council and European Parliament have reached a provisional agreement to phase out all imports of Russian natural gas by 2027.

According to reports, “The regulation introduces a legally binding, stepwise prohibition on both liquefied natural gas (LNG) and pipeline gas imports from Russia, with a full ban from the end of 2026 and autumn 2027 respectively.” The aim of the measure is to establish a “resilient” and “independent” EU energy market.

“The co-legislators confirmed that imports of Russian pipeline gas and LNG will be prohibited from six weeks after entry into force of the regulation, while maintaining a transition period for existing contracts,” the statement added.

The agreement requires EU member states to submit national diversification plans detailing how they will reduce reliance on Russian gas and the challenges they anticipate, with the goal of fully eliminating imports by the deadlines.

“At the same time, the agreement strengthens the Commission’s oversight by requiring member states to notify the Commission within one month of the regulation’s entry into force whether they have Russian gas supply contracts or national legal bans in place,” the council said.

The deal retains the “suspension clause,” allowing the regulation to be temporarily paused if sudden events threaten the energy supply of one or more member states.
Rules for lifting the import ban have also been tightened, limiting exceptions to strictly necessary cases, emergency declarations by member states, and only for short-term contracts and brief periods.

The provisional agreement now awaits formal approval by both the council and parliament before it can be officially adopted.

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