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EU plan to ban Russian energy imports adopted by European Parliament’s committees

By Eleonora Rinaldi ( October 16, 2025, 10:01 GMT | Insight) -- Lawmakers from the European Parliament’s energy and trade committees adopted on Thursday their common position on the EU’s plan to phase out Russian gas imports, endorsing binding targets to end the bloc’s dependence on Russian energy by Jan. 1, 2027, at the latest. Beyond gas, an import prohibition on gas storage, oil and oil derivatives was also introduced starting Jan. 1 2026, with penalties for companies in breach of the regulation equal to 5 percent of their annual turnover.Lawmakers from the European Parliament’s energy and trade committees adopted on Thursday their common position on the EU’s plan to phase out Russian fossil-fuel imports, endorsing binding targets to end the bloc’s dependence on Russian energy....

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