The European Commission is aiming to bring forward a ban on EU imports of liquefied natural gas (LNG) from Russia by one year to the beginning of 2027 as part of the bloc’s 19th package of sanctions on Moscow.
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“Europe is increasing its pressure,” European Commission President Ursula von der Leyen said on Friday.
“Russia’s war economy is sustained by the revenues from fossil fuels. We want to cut these revenues,” she said.
“We are banning imports of Russian energy into European markets. It is time to turn off the tap.”
The EU is ready for the ban thanks to efforts to save energy, diversify supply, and investments in low-carbon sources of energy, von der Leyen said.
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Friday’s announcement came days after the commission president said she aims to achieve a faster halt to European fossil fuel imports from Russia following a conversation with US President Donald Trump.