EU to unveil roadmap to section out Russian power imports

The European Fee will quickly current a roadmap outlining steps to steadily finish imports of Russian power assets.

Supply: President of the European Fee Ursula von der Leyen at an occasion in London, as reported by European Pravda close to Reuters

Particulars: Von der Leyen recalled that the EU dedicated to phasing out Russian oil and fuel following Russia’s full-scale invasion of Ukraine in 2022.

She famous that Russian fuel presently accounts for 18% of the EU’s complete fuel imports, down from 45% in 2021.

This discount was made attainable by elevated liquefied pure fuel (LNG) exports from the US and better volumes of fuel imported from Norway.

"These power partnerships, together with imports of LNG from the US, stay of strategic significance for the European Union," von der Leyen emphasised.

Talking in regards to the roadmap to finish the EU’s power dependence on Russia, von der Leyen didn’t verify a selected publication date, although the European Fee’s agenda signifies it could be launched on 6 Could.

Background:

  • Beforehand, European Fee officers deserted the thought of together with a ban on Russian LNG imports in EU sanctions packages, as some member states had vowed to dam such restrictions.
  • As a substitute, the Fee is contemplating numerous authorized devices to incorporate within the roadmap, resembling prohibiting corporations from signing new fuel contracts with Russia or offering authorized grounds to terminate present contracts.

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