Ursula von der Leyen
The President of the European Commission emphasised that, despite the ongoing energy crisis and high energy prices, Brussels has no intention of abandoning its course towards complete energy independence from Moscow. According to the plans announced, the phased phase-out will be completed within the next year.
This phase-out will involve a ban on Russian LNG and the cessation of pipeline supplies. Supplies via existing pipelines are scheduled to be reduced to zero by the end of November 2027 at the latest.
Over the past four years, the EU has already reduced the share of Russian gas in its imports from 45 per cent to 12 per cent by turning to alternative suppliers and accelerating investment in renewable energy sources.
However, von der Leyen acknowledged that moving away from Russian hydrocarbons is costing the economy dearly. Against the backdrop of the escalating situation in the Middle East, gas prices in Europe have soared by 140 per cent, whilst diesel prices have doubled, forcing the EU to spend an additional €100 billion on fossil fuel purchases.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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