• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

EU approves bold Russian gas phase-out plan by 2027

Brussels strategy marks major shift in EU energy independence drive

David Okere by David Okere
October 20, 2025
in Business, Oil & Gas
0 0
0
EU

EU approves bold Russian gas phase-out plan by 2027

thenacre-campaign

EU Russian gas phase-out plan gains approval as bloc targets full energy break from Moscow by 2027 to curb reliance and strengthen independence

EU Russian gas phase-out plans moved a step closer to reality on Monday as energy ministers agreed to end remaining imports of Russian gas by 2027, signalling a decisive shift in the bloc’s energy policy following Moscow’s invasion of Ukraine.

Also read: Nnamdi Kanu protest turns violent in Abuja crackdown

Meeting in Luxembourg, ministers backed a European Commission proposal to eliminate both pipeline and liquefied natural gas (LNG) imports from Russia, pending approval from the European Parliament.

The plan aims to finally sever Europe’s long-standing energy ties with Russia, which have been politically and economically fraught since the war began in 2022.

Odun Ifa 2026
ADVERTISEMENT

Lars Aagaard, Denmark’s energy minister and current holder of the EU’s rotating presidency, described the move as “crucial” to ensuring the continent’s energy independence.

Perfect-Aesthetic-social-1

“Although we’ve worked hard to get Russian gas and oil out of Europe, we’re not there yet,” Aagaard said, underscoring the bloc’s urgent need to complete the transition.

As part of the package, new contracts for Russian gas will be banned from 1 January 2026.

Existing short-term deals may continue until June 17, 2027, while long-term agreements will be allowed until January 1, 2028, offering a staggered path for nations still reliant on Moscow’s supply.

While most EU countries supported the measure, Hungary and Slovakia opposed it, citing continued dependence on Russian pipeline gas due to geographic limitations. Hungary’s Foreign Minister, Peter Szijjarto, warned the regulation “kills our secure supply of energy.”

Despite these objections, the regulation passed as it required only a qualified majority, not unanimous consent—unlike sanctions, which continue to face obstacles due to internal divisions.

adron lemon friday

The EU Russian gas phase-out is also part of a broader strategy that includes reducing LNG imports by January 2027.

The push to eliminate these flows, some of which have increased despite falling pipeline deliveries, forms part of efforts to cut off revenue to Russia’s war effort.

According to the European Commission, Russian gas still makes up 13% of EU gas imports, translating to an estimated €15 billion annually—a figure Brussels wants to bring down to zero.

The European Parliament is expected to ratify the measure in the coming weeks, further cementing Europe’s commitment to energy autonomy and reducing vulnerability to geopolitical risks.

Also read: Nnamdi Kanu protest turns violent in Abuja crackdown

This bold move marks a historic turning point in the EU’s post-war energy narrative, reinforcing its determination to forge a cleaner, more resilient and politically secure future.

David Okere
David Okere

David Okere is a journalist and contributor to Freelanews.com, covering business, governance, public affairs, and human-interest stories with a commitment to accuracy, balance, and public interest reporting.

Related Posts

Union BANK LOGO 1
Business

‘£2.5 billion scam’ Supreme court to determine Union Bank’s fate Monday

by Freelanews
July 5, 2021
BnXnY8GCcAEb4LH jpg
Business

Tony Elumelu celebrates International Women’s Day with dedication to women’s empowerment

by Rtn. Victor Ojelabi
March 12, 2024
freelanews-gokada
Appointments

‘Gets new COO’ Gokada appoints Olutosin Oni as CEO

by Freelanews
July 15, 2022
TONY ELUMELU PS
Business

‘Strategic decisions’ Elumelu reiterates commitment to outperform UBA’s growth plan

by Freelanews
April 9, 2022
SABRE Awards 1024x708 1
Business

Chain Reactions in 7 star performance at 2024 SABRE awards

by Oreoluwa Ojelabi
May 21, 2024

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

images 13 5

FG, NLC reach resolutions on minimum wage, palliatives, workers’ welfare

October 29, 2026
House of Reps Green Chamber 1784558768 1

Reps threaten arrest warrants against telecom CEOs over poor network services

October 29, 2026
images 9 7

FG Pays ₦1.23tn of ₦3.3tn GenCos’ Debt — Power Minister

October 29, 2026
TUC 255x143 1

TUC rejects FG’s ₦70,000 transport allowance, demands salary increase

October 29, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
#image_title

17 mobile money operator companies licensed by CBN in Nigeria

March 22, 2023
james akaie scaled

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
images 13 5

FG, NLC reach resolutions on minimum wage, palliatives, workers’ welfare

October 29, 2026
House of Reps Green Chamber 1784558768 1

Reps threaten arrest warrants against telecom CEOs over poor network services

October 29, 2026
images 9 7

FG Pays ₦1.23tn of ₦3.3tn GenCos’ Debt — Power Minister

October 29, 2026
TUC 255x143 1

TUC rejects FG’s ₦70,000 transport allowance, demands salary increase

October 29, 2026
ADVERTISEMENT
October 2026
SMTWTFS
 123
45678910
11121314151617
18192021222324
25262728293031
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Abiodun

    Abiodun gives update on new Awujale’s emergence

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • ‘Breaking News’ Babatunde Omidina, Baba Suwe, is dead

    0 shares
    Share 0 Tweet 0
  • Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0

Just Published!

images 13 5

FG, NLC reach resolutions on minimum wage, palliatives, workers’ welfare

October 29, 2026
House of Reps Green Chamber 1784558768 1

Reps threaten arrest warrants against telecom CEOs over poor network services

October 29, 2026
images 9 7

FG Pays ₦1.23tn of ₦3.3tn GenCos’ Debt — Power Minister

October 29, 2026
TUC 255x143 1

TUC rejects FG’s ₦70,000 transport allowance, demands salary increase

October 29, 2026
HVv5c7nXAAAjO5c

FG disburses over ₦600bn to 10 million households, targets 15 million

October 29, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.