EU set to propose banning Russian gas imports by end of 2027

The European Union (EU) is set to propose measures to ban Russian gas imports by the end of 2027, Bloomberg announced, citing sources, Report informs.

The EU plans to propose in June banning all gas imports under new deals with Russia and existing spot contracts, according to the agency.

The European Commission intends to announce its plans of suggested bans on Russian pipeline gas imports and LNG supplies under long-term deals in Strasbourg on May 6, the sources said.

According to the sources of the publication, the schedule depends on whether the EC will be able to provide alternative LNG supplies from the United States, Qatar, Canada and Africa.