EU to phase out Russian gas contracts in three stages, sources say

Signing new Russian gas contracts and providing long-term services to Russian entities from EU LNG terminals will be prohibited from 1 January 2026 under proposed trade measures, Contexte has learned from several sources familiar with the matter. Short‑term contracts may remain in force until mid‑2026, and long‑term agreements until 1 January 2028. Hungary and Slovakia have signalled they will strongly oppose the regulation.
17 June 2025 at 8h00
Energy
Le commissaire européen à l'énergie Dan Jørgensen, au cours du conseil énergie du 16 juin. Union européenne
In Luxembourg, Anna Hubert

New contracts with Russian gas suppliers will be banned as of 1 January 2026 using trade measures, under a regulation set to be formally proposed by the European Commission on 17 June. European terminals for liquefied natural gas (LNG) will also be prohibited from providing long-term service to entities from or related to Russia, Contexte has learned.

For existing contracts, the Commission is to propose two exemptions to the 1 January deadline, sources said. Short-term contracts concluded before 17 June…

Further reading

‘If need be, we will go it alone’: EU Sanctions Envoy David O’Sullivan on the Russian oil price cap, post-Trump ‘If need be, we will go it alone’: EU Sanctions Envoy David O’Sullivan on the Russian oil price cap, post-Trump
Christophe Licoppe/European Union, 2024.
Interview

‘If need be, we will go it alone’: EU Sanctions Envoy David O’Sullivan on the Russian oil price cap, post-Trump

As the EU prepares its eighteenth package of restrictive measures on Russia, David O’Sullivan — the former European Commission Secretary-General and EU ambassador to the US who was appointed EU Sanctions Envoy in January 2023 — discusses the bid to make oil exports ‘more expensive, more complicated, less profitable,’ the security issues posed by oil tankers in the Russian shadow fleet, and the ‘conflicting noises’ that now come from the US.
Russian fuels
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EU-US relations
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Baltic Sea infrastructure
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Russia sanctions
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Energy prices

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