Restrictions on new deals will come into force in 2026, with a transition period set for existing contracts, the bloc has said
EU members have agreed to ban the transit of Russian gas through the bloc, the European Council has announced.
Signing new import deals for Russian gas will be prohibited by the bloc from January 1, 2026, the council said in a statement on Monday. Short-term deals reached before June 17, 2025, will be allowed to run until June 17, 2026, while long-term contracts will be permitted to run until January 1, 2028, the statement read.
According to the council, the new rules leave room for “specific flexibilities for…
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