The European Commission on Tuesday proposed legally-binding measures to cut off the European Union's imports of Russian gas and liquefied natural gas imports by the end of 2027, which would end decades-old energy relations with Europe's former top gas supplier.
BreakdownGenerated by LeadStory AI
- The European Commission proposed a ban on Russian gas imports to the EU by the end of 2027.
- The ban would be implemented in phases, starting with new contracts in 2026 and ending existing long-term contracts from 2028. 23s
- Approval requires a reinforced majority of EU member states and Parliament, avoiding the need for unanimous consent. 1m 0s
- Russia's share of EU gas imports has already dropped from 45% to 19% and is expected to fall further. 1m 36s
- The Commission says the ban will not threaten energy supplies, with alternative sources available. 1m 47s