The European Union is considering a legal proposal to ban Russian gas and liquefied natural gas imports under existing contracts by the end of 2027. The plan, which remains confidential, requires approval from the European Parliament and a reinforced majority of EU countries. This move comes after the EU has imposed sanctions on Russian coal and seaborne oil shipments, but not on gas due to opposition from Slovakia and Hungary, which rely heavily on Russian pipeline supplies.
https://www.tbsnews.net/worldbiz/europe/eu-set-out-plans-halt-russian-gas-imports-end-2027-1134956The European Commission is considering a legal proposal to ban Russian gas and liquefied natural gas imports under existing contracts by the end of 2027. The plan would require approval from the European Parliament and a majority of EU countries, with Slovakia and Hungary opposing sanctions on gas due to concerns over price hikes. Despite Russia supplying around 19% of Europe's gas, buyers have "take-or-pay" contracts with Gazprom that could lead to financial penalties for refusing deliveries. The Commission is exploring ways to allow companies to break these contracts without facing penalties, but lawyers warn it would be difficult and potentially lead to arbitration.
https://www.brecorder.com/news/40361276/eu-to-set-out-plans-to-halt-russian-gas-imports-by-end-2027The European Union is considering phasing out Russian energy supplies as a way to resolve the trade standoff with the US, which has imposed tariffs on EU exports. EU trade chief Maros Sefcovic suggests that buying more LNG from the US and soybeans could quickly reduce the bloc's trade surplus with its largest trading partner. The US already supplies 45.3% of Europe's LNG needs, but some member states like Hungary have warmer ties with Russia, making it harder to cut off Russian energy imports. France would be particularly affected, having increased its Russian LNG imports by 81% in 2024, generating $3 billion for Russia.
https://www.themoscowtimes.com/2025/05/06/eu-unveils-plan-to-end-all-russian-gas-imports-by-2027-a88996The European Union is diversifying its trade ties beyond the US, aiming to tap into 87% of global trade. The EU has recently finalized or advanced trade agreements with Mercosur, the UAE, and Canada, as it seeks to expand economic partnerships globally.
https://www.lokmattimes.com/business/eu-not-to-be-pressured-into-unfair-us-tariff-deal-says-trade-chief/The European Parliament, Commission, and Council of the European Union will discuss a unified EU response to US tariffs and potential expansion of trade partnerships with other global regions today.
https://www.fakti.bg/en/world/969054-a-united-eu-response-to-us-tariffs-and-the-future-of-europe-after-2027The European Union is set to propose banning all Russian gas imports by the end of 2027 as part of its efforts to sever ties with Russia. The move comes after a sharp decline in Russian gas flows to Europe following Moscow's invasion in 2022. The EU plans to adopt measures to end remaining imports tied up in long-term contracts, but these will require a longer transition period until 2027. This shift could pave the way for US suppliers to send more liquefied natural gas (LNG) to Europe, a goal repeatedly advocated by former US President Donald Trump.
https://www.scmp.com/news/world/russia-central-asia/article/3309168/eu-propose-banning-russian-gas-imports-end-2027?module=top_story&pgtype=sectionThe European Commission has proposed restrictions on new deals for Russian nuclear fuel, as part of the EU's "roadmap" to gradually abandon Russian energy resources. The proposal must be approved by the European Parliament and a qualified majority of EU member states. European Commission President Ursula von der Leyen stated that it is time to sever ties with Russia due to its invasion of Ukraine in 2022, citing concerns that EU energy imports could finance military aggression against Ukraine.
https://www.fakti.bg/en/world/969094-eu-plans-to-end-imports-of-russian-natural-gas-and-nuclear-fuel-by-2027The European Union plans to unveil a plan to phase out its remaining gas ties to Moscow, aiming to reduce dependence on Russian fossil fuels. EU energy chief Dan Jorgensen will outline the measures, which come after Brussels delayed the announcement due to US-Russia talks on ending the Ukraine war. The EU has banned Russian oil imports since 2022 and is now seeking to cut off all Russian gas supplies, potentially increasing LNG purchases from the US, a move both Brussels and Donald Trump have suggested. France would face a significant impact if it were to lose its Russian LNG imports, which increased by 81% in 2024, generating €2.68 billion for Russia. The EU's roadmap may propose a Russian LNG ban, but unanimity among all 27 member states is required, making the proposal challenging.
https://www.victoriaadvocate.com/news/nation/eu-to-lay-out-plan-to-cut-last-russian-gas-supplies/article_80fa2e75-763f-52f7-9fad-ba99ec035a82.htmlThe European Union (EU) is urged to prioritize its partnership with China beyond mere counterbalancing US influence, according to a recent warning from EU officials. This caution comes as tensions between the US and China escalate, with the EU seeking to maintain its economic ties with both superpowers. The EU's approach should focus on building mutually beneficial relationships rather than solely reacting to Washington's actions, highlighting the need for a more nuanced strategy in its relations with Beijing.
https://www.globaltimes.cn/page/202505/1333447.shtml