EU import ban on Russian gas unlikely to work, report finds
- Commission proposed phase-out of all Russian piped gas and LNG imports to the EU by the end of 2027
- Legal and practical constraints will limit the plan’s effectiveness
- Buyers could face legal and financial risks if they try to declare force majeure
EU plans to ban imports of Russian gas create legal risks for buyers, will raise costs, and could worsen tensions with southeastern European states, a report by the Oxford Institute for Energy Studies has said
