EU struggles to cut Russian energy ties

timesofindia.indiatimes.com

The European Commission announced a plan to eliminate Russian fossil fuels by 2027, including a ban on new gas contracts by 2025, aiming for energy independence. This initiative faces significant challenges. Despite the overall decrease in Russian fossil fuel imports, Russian LNG imports have risen, raising concerns about continued financial support for Russia's war efforts and energy security within the EU. The plan aims to address these issues. Experts emphasize the need for reduced gas consumption and EU unity to achieve the plan's goals, as some member states still rely on Russian gas. The plan comes amid rising energy prices and potential divisions within the EU.


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