By Alexander Miller, consultant in energy markets. Eurasia Business News, September 19, 2025. Article n°1797

The European Union is set to ban imports of Russian liquefied natural gas (LNG) earlier than initially planned. The EU proposed bringing forward the ban on Russian LNG imports to January 1, 2027, which is a full year earlier than the original schedule. This accelerated ban is part of the EU’s 19th package of sanctions aimed at weakening Russia’s ability to sustain its war in Ukraine by cutting off key revenue from fossil fuel exports.

European Commission President Ursula von der Leyen emphasized that Russia’s war economy relies heavily on fossil fuel revenues, and the bloc wants to “turn off the tap” on Russian LNG imports to pressure Moscow into negotiations and peace. This move follows pressure from the United States, particularly former President Donald Trump, who has urged Europe to end energy imports from Russia to further isolate the Kremlin.

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The sanctions also include targeting Russian banks, economic zones, energy firms, and shipping vessels involved in transporting Russian oil and gas. However, some EU members like Hungary and Slovakia have expressed opposition to the full phaseout due to concerns over energy security and economic impacts, which could complicate the unanimous approval needed for the measure.

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Currently, Russian LNG accounted for about 14-16% of the EU’s LNG imports, with countries like France, Spain, the Netherlands, and Italy among the main importers. The EU has been actively replacing Russian gas with suppliers like the U.S., which is now the dominant LNG supplier to Europe.

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© Copyright 2025 – Eurasia Business News. Article no. 1797