EU Set to Ban Russian LNG Imports Earlier than Planned

The European Commission is set to propose a ban on imports of Russian LNG by January 1, 2027, which would be a year earlier than previously planned, EU sources told Reuters on Friday, as the bloc looks to respond to U.S. pressure to phase out Russian energy. 

Following a call between U.S. President Donald Trump and European Commission President Ursula von der Leyen earlier this week, banning Russian LNG earlier than planned has become a “priority” for the EU, one of the sources told Reuters. 

The EU currently plans to phase out all imports of Russian gas by the end of 2027, under a roadmap to end dependency on Russian energy unveiled in May this year.  

“We are particularly looking at phasing out Russian fossil fuels faster,” European Commission President Ursula von der Leyen said in the 2025 State of the Union Address last week, without giving details how the EU could do it. 

However, the United States has intensified pressure on the EU to cut off imports of Russian energy to accelerate revenue declines for the Kremlin in coordinated efforts to force Putin to negotiate peace in Ukraine. 

“Since we presented the RePowerEU plan in 2022, we’ve been saying that a phaseout of Russian energy is better sooner rather than later,” Anna-Kaisa Itkonen, a spokeswoman for the European Commission told Bloomberg.

Last week, U.S. Energy Secretary Chris Wright said the EU could accelerate the phase out of natural gas imports from Russia and end purchases within six to 12 months by replacing it with American LNG.  

“The faster we phase out, the sooner you put pressure on Russia,” Secretary Wright told Reuters last week, as the United States is intensifying pressure on its EU and G7 partners to act with tariffs on India and China over their continued imports of Russian crude oil.  

Many EU member states aren’t keen to slap tariff on India and China, that’s why the EU is now targeting faster phase-out of Russian LNG, sources familiar with the plan told Bloomberg. 

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com

 

  • Related Posts

    Oil Markets Brace for Volatility as Trump’s Iran Deadline Fuels Escalation Fears

    Oil prices opened the week elevated but stable in early Asian trading on Monday, holding near multi-year highs after another weekend of escalating tensions between the United States and Iran.…

    Oil Prices Ease As US Pulls Out All Stops To Secure Supply

    Oil prices pulled back Friday, but not because the market suddenly feels safe. This is more of a tactical breather than a trend change. Brent slipped back toward the $109…

    Have You Seen?

    Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source says

    • March 23, 2026
    Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source says

    Black Moon Energy signs helium-3 deal with US DOE

    • March 23, 2026
    Black Moon Energy signs helium-3 deal with US DOE

    Oil Prices Ease As US Pulls Out All Stops To Secure Supply

    • March 23, 2026
    Oil Prices Ease As US Pulls Out All Stops To Secure Supply

    Oil Markets Brace for Volatility as Trump’s Iran Deadline Fuels Escalation Fears

    • March 23, 2026
    Oil Markets Brace for Volatility as Trump’s Iran Deadline Fuels Escalation Fears

    Fears of helium ‘tsunami’ but market holds up for now

    • March 23, 2026
    Fears of helium ‘tsunami’ but market holds up for now

    Iran, Trump Exchange Threats over Hormuz

    • March 23, 2026
    Iran, Trump Exchange Threats over Hormuz

    CRUDE OIL’S CATCH-22: Pricing for Trump TACO Trade Makes it Less Likely: Russell

    • March 23, 2026
    CRUDE OIL’S CATCH-22: Pricing for Trump TACO Trade Makes it Less Likely: Russell

    Asian Refiners Pay Record Premiums for Non-Middle East Crude

    • March 23, 2026
    Asian Refiners Pay Record Premiums for Non-Middle East Crude

    U.S. Bets on Natural Gas to Power 10 GW AI Buildout in Ohio

    • March 23, 2026
    U.S. Bets on Natural Gas to Power 10 GW AI Buildout in Ohio

    Iran to Completely Close Hormuz if Trump Executes Threats on Iranian Energy, Revolutionary Guards Say

    • March 23, 2026
    Iran to Completely Close Hormuz if Trump Executes Threats on Iranian Energy, Revolutionary Guards Say