EU Parliament Committee Backs Plan To Phase Out Russian Gas

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The Energy Committee of the European Parliament on Thursday endorsed proposals aimed at expediting the EU’s phase-out of Russian gas by one year, according to a Reuters report.

The new proposal would ban imports of natural gas from Russia beginning next year, with limited exceptions allowed until January 1, 2027, for contracts concluded before June 17, 2025.

The draft ban will now move to the full Parliament for approval or amendments before being negotiated with European Union member states.

The European Commission originally proposed in June a legally binding ban on EU imports of Russian gas and liquefied natural gas (LNG) by the end of 2027.

However, lead lawmakers on the issue in Parliament have proposed advancing this deadline to January 1, 2027.

Diplomats from EU countries have indicated it is unlikely that governments will agree to bring forward the ban by a year, but EU lawmakers could use this proposal as leverage to secure other concessions during negotiations.

 

 

 

 

Source: https://energynewsafrica.com


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