EU Pours Resources into Russian Gas Phase-Out
Timetable ends Russian gas contracts in 2026, short-term by 2026, long-term in 2028.
Hungary and Slovakia must submit plans to halt Russian oil imports.
Russian gas supplies 12% of EU gas imports, down from 45% pre-2022.
Law requires 55% EU member states and 65% population support, facing resistance from Hungary and Slovakia.
Ursula von der Leyen links plan to expanded U.S. energy purchases and LNG sanctions in 2027.
4 weeks ago