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Home»Economic News»EU debates return to Russian gas as part of Ukraine deal
Economic News

EU debates return to Russian gas as part of Ukraine deal

January 30, 2025No Comments2 Mins Read
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European officials are currently discussing the possibility of restarting Russian gas sales to the EU as part of a potential resolution to the conflict in Ukraine, according to sources familiar with the talks.

Advocates for resuming Russian gas sales argue that it could help lower energy prices in Europe, incentivize Moscow to engage in negotiations, and provide a basis for implementing a sustainable ceasefire.

However, the idea of reopening Russian gas flows into Europe has faced criticism from Ukraine’s allies within the EU.

Despite some support from certain member states, the proposal has raised concerns among Brussels officials and diplomats from eastern European countries who have been working to reduce reliance on Russian energy imports.

President Donald Trump’s calls for a swift end to the conflict have spurred discussions among western nations about the necessary components for a lasting agreement with Russia.

The European Commission aims to eliminate all Russian fossil fuels from the bloc’s energy system by 2027, but the high costs of energy in Europe have increased pressure to seek more affordable sources.

While some EU countries advocate for resuming Russian gas purchases, others, including the US LNG exporters, are wary of the potential impact on their competitiveness in the European market.

As discussions continue, the EU’s energy commissioner is set to present a plan in March outlining steps to achieve the bloc’s energy goals.

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