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EU Diplomats Cast Doubt On Total Gas Import Ban From Russia

NATURAL GAS

The EU is unlikely to agree to an idea to ban natural gas imports from the pipelines from Russia, EU Diplomats told Politico, following reports the G7 and EU are planning to ban Russian gas imports to Europe during the next G7 summit this weekend.

  • Earlier this week, the FT reported that the G7 and EU could target to ban the resumption of gas imports via those pipelines, even if Russia decides to resume sending gas through them.
  • “There is too much resistance from the countries dependent on the remaining gas,” a diplomat from an EU member state told POLITICO.
  • “The 11th sanctions package is almost done and inserting this huge measure at this moment is not going to work,” the diplomat added.
  • The move is more of a symbolic gesture considering it is unlikely the pipelines will restart soon.
Energy BulletsCommodities
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