The European Commission has set out legislation to phase out Russian gas by the end of 2027 and will step up tracing and monitoring to minimise circumvention with liquefied natural gas (LNG).
While Europe recently introduced its , EU imports of Russian LNG rose 18% to 24.2 bcm last year.
Dan Jørgensen, Commissioner for Energy and Housing, said,“Importers will have to provide customs authorities with information concerning the origin of the gas, the identity of the supplier, as well as entry and delivery points for supplies of LNG.”
Given the essential role that LNG is expected to play in securing alternative energy supplies in Europe, LNG terminal services for customers from Russia or controlled by Russian undertakings will be also prohibited from 1 January 2026.
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