Explainer: How the EU will wean itself off Russian gas
Questions remain about how the phase-out will be implemented and enforced in practice
The European Council has approved a plan to gradually phase out imports of Russian gas starting in 2026 and ending at the start of 2028, covering both pipeline and LNG supplies. The decision followed a meeting of EU energy ministers on 20 October. Based on a proposal by the European Commission in June, the plan now requires only the European Parliament to adopt its position before both institutions agree on the final text for implementation. While timing is uncertain, the aim is to wrap up the process by year-end. Details Under the plan, spot purchases of Russian gas will be banned from the beginning of next year. Short-term gas contracts concluded before 17 June 2025 may continue until 17 J
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security






