EU Proposal to Ban Russian Gas Set for Heated Negotiations

The European Union’s proposed ban on all Russian gas by the end of 2027 sets the stage for heated debate, with some member states nervous it will boost energy prices and cost companies millions of euros in legal fees.

The European Commission on Tuesday set out the legislation needed to end the bloc’s reliance on pipeline and liquefied natural gas supplies from Moscow, starting by prohibiting new deals from next year. Supplies under existing contracts shorter than one year will be stopped from June 17, 2026 at the latest, with an exemption for landlocked countries such as Hungary and Slovakia.