EU Implements Ban on Russian LNG Imports via Short-Term Contracts. Exempts Third-Country Transactions.
28 Apr 2026, 00:50
EU Implements Ban on Russian LNG Imports via Short-Term Contracts; Exempts Third-Country Transactions
The European Union's prohibition on importing Russian LNG through short-term contracts of up to one year took effect today. While transactions involving Russian LNG routed through third countries are permitted, direct imports from Russia are now banned. Analysts forecast a significant decline in Russian LNG supplies to Europe by 2027. Further details available at mt in max.