EU Nations Strike Deal to Ban Russian Gas by End of 2027

European Union energy ministers agreed a joint position on plans to ban all gas supplies from Russia by the end of 2027, as the bloc looks to definitively end its reliance on energy from Moscow.

A qualified majority of officials meeting in Luxembourg Monday supported the ban, which starts by prohibiting Russian supplies under existing short-term contracts by mid-June, with an exemption for landlocked countries such as Hungary and Slovakia. A prohibition on long-term deals follows 18 months later. Hungary and Slovakia did not support the ban.