EU plan to end Russian oil and gas imports due out in May
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The European Commission will release a comprehensive roadmap on May 6 to eliminate Russian oil and gas imports, responding to the 2022 Ukraine invasion. Despite previous delays, the EU aims to completely phase out Russian fossil fuels by 2027, with current Russian gas still comprising 19% of total EU gas and LNG supply in 2024.
April 14, 2025 | 4:45 pm
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EU's plan to phase out Russian gas imports could create significant market disruptions in natural gas trading, potentially impacting natural gas ETF prices.
The EU's strategic shift away from Russian gas could create short-term market uncertainty, potentially causing fluctuations in natural gas ETF prices as supply chains realign.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 60