How the EU plans to ban Russian gas
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
0mins
Source: Reuters
EU's Proposal to Ban Russian Gas Imports: The European Commission has proposed legally-binding measures to phase out imports of Russian gas and liquefied natural gas (LNG) by the end of 2027, which includes a ban on new contracts starting January 1, 2026, and existing long-term contracts by January 1, 2028.
Support and Challenges: The proposal requires approval from a reinforced majority of EU countries and the European Parliament, with some nations like Slovakia and Hungary opposing it. However, other member states support the ban, emphasizing the need for legal robustness to protect companies from penalties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
