The EU will gradually and effectively stop imports of Russian gas and oil by the end of 2027, ending the bloc's exposure to market and economic security risks due to its dependence on Russian fossil fuels and increasing the Union's energy independence and competitiveness.
The European Commission's legislative proposal foresees a ban on the import of Russian gas under new contracts from January 1, 2026.
Imports under existing short-term contracts will cease on June 17, 2026, except for gas delivered by pipeline to landlocked countries and linked to long-term contracts allowed until the end of 2027.
Imports under long-term contracts will stop at the end of 2027, the European Commission announced.
Long-term contracts for liquefied natural gas (LNG) terminal services to customers from Russia or controlled by Russian companies will also be prohibited, ensuring that terminal capacity can be redirected to alternative suppliers.
European Commission President Ursula von der Leyen said yesterday, presenting the plan, that Russia has repeatedly tried to blackmail the EU by turning its energy into a weapon.
"We have taken clear steps to turn off the taps and end the era of Russian fossil fuels in Europe forever," von der Leyen stressed.
The accompanying analysis states that the proposal is designed to preserve the security of energy supply in the EU while limiting the impact on prices and the market.
The Commission also stated that EU member states will be required to submit supply diversification plans with precise measures and deadlines for phasing out imports of Russian gas and oil, while it will work closely with member states, especially those most affected by the new regulation.
The proposed regulation needs to be adopted by the European Parliament and the Council, with the Council acting by qualified majority.
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