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EU Likely to Propose Quota to Ban Russia Gas Imports by End 2027

EU Likely to Propose Quota to Ban Russia Gas Imports by End 2027

Bloomberg20-05-2025

The European Union is likely to propose a quota as the mechanism to enforce a bloc-wide import ban on Russian gas by the end of 2027, which officials say should provide companies with a legal basis to terminate long-term purchase contracts.
The European Commission is discussing the introduction of an import quota of zero for Russian gas, according to people with knowledge of the matter. That will allow European buyers to invoke force majeure to terminate agreements with Russian suppliers, said the people, who asked not to be identified commenting on internal talks.

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