Europe Moves to Cut Russian LNG a Year Sooner

As the United States is pressuring Europe to cut off energy revenues for Russia, the European Union took a step to bring forward a ban on imports of Russian LNG a year earlier than planned. The European Commission on Friday proposed its 19th sanctions package against Russia over its war in Ukraine. This package, which will need unanimous approval from all EU member states, accelerates the timeline for phasing out Russian LNG imports into the bloc—from the end of 2027 to January 1, 2027, one year earlier than planned. “Russia’s…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com