EU Proposes Full Ban on Russian LNG From 2027, a Year Early

The European Union has proposed a full ban on imports of Russian liquefied natural gas (LNG) starting from January 1, 2027, a year earlier than previously planned. This measure is part of the EU's ongoing efforts to limit Russia's ability to finance its war against Ukraine. The proposed ban is aimed at further reducing the EU's reliance on Russian energy sources and cutting off a significant revenue stream for the Russian government. The move comes as the EU continues to grapple with the impact of the Ukraine conflict on energy prices and supply. The proposal will now be subject to negotiations and approval by the EU member states before it can be implemented. The decision reflects the EU's determination to take strong action against Russia's aggression while also prioritizing the security of its energy supply and the transition to more sustainable energy sources.
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