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.