The EU seeks to halt Russian gas imports by the end of 2027 and ban new contracts already this year
The EU seeks to halt Russian gas imports by the end of 2027 and ban new contracts already this year
My god Putin was such a fool trying to squeeze EU shutting off the gas in 2022.
Last I heard the EU imports of Russian gas were down to less than 10% of what they used to be before the Ukraine war!
EU cutting it off completely is beautiful.
“Putin has shown that he doesn’t mind weaponizing gas,” EU Energy Commissioner Dan Jørgensen said as he outlined the plan.
Not the result Putin had hoped for, he thought he could pressure EU into submission, instead the Russian economy is now collapsing, because Putin misjudged everything about invading Ukraine. He thought Russia was strong and Ukraine and EU were weak. So he could do as he pleased. Turned out the opposite was the case.
Fuck Russia, may their economy and the federation collapse soon. 🙏
PS:
The article states:
The EU says it has cut gas imports from 45% to 19%
But official EU numbers say otherwise:
https://www.consilium.europa.eu/en/infographics/where-does-the-eu-s-gas-come-from/
dropped from over 40% in 2021 to about 11% in 2024.
This is for 2024, and AFAIK it's below 10% now.
The 11% appear to refer to pipeline gas, while the 19% refer to pipeline gas and LNG combined. It's in the next sentence of your link:
Russia’s share of EU imports of pipeline gas dropped from over 40% in 2021 to about 11% in 2024. For pipeline gas and LNG combined, Russia accounted for less than 19% of total EU gas imports in 2024.
The import of coal from Russia has already stopped, they are in the process of ending oil imports, but the situation is different when it comes to gas.
Although the share of Russian gas in the EU dropped from 45 percent in 2021 to 13 percent now, Russia still earns 23 billion euros per year from it. Despite the restrictions, Russian energy exports remain an important source of income for the Kremlin.
The EU member states and the European Parliament still need to approve the plans. The expectation is that the plan will lead to fierce debate, especially from Hungary and Slovakia. These countries are the most pro-Russian and still rely heavily on Russian energy.
But Commission President Von der Leyen says that the energy coming to Europe must not contribute to the war against Ukraine. "We owe that to our citizens, our businesses, and our brave Ukrainian friends." 👏🏽💪🇪🇺🇺🇦
Von der Leyen’s Plan to End Russian Gas Imports by 2027 (REPowerEU) (Sources: Reuters, AP News, Financial Times, Euronews, Kyiv Independent) Key Measures:
To overcome opposition from Hungary and Slovakia, the EU will use qualified majority voting, so no single country can veto the plan. Each country must submit its own phase-out plan, tailored to its situation. The EU is offering financial tools under the REPowerEU plan to help countries support their companies exiting Russian deals and phase out Russian energy. These include grants and loans from the recovery fund, support from the European Investment Bank, and targeted funds for energy infrastructure and renewables, like Hungary receiving €700 million in grants and applying for €3.9 billion in loans to upgrade its energy system.
God I love Ursula and everyone working on this
Awesome! Thanks for taking a stand.
I thought this was already done, did I miss something?
Okay so from which reliable country are we getting has until (in some far future) we have transformed the Union to not need fossil fuels at all?