Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Awakening Greece’s gas prospects
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
Outlook 2026: From wells to wafers – How MENA is powering the new energy–data nexus
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
Europe’s rising energy security challenge
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply
Mideast gas sector needs $200b of investment
Cash will be needed to boost production by 30% to meet region’s rapidly rising power demand, executives told the inaugural Middle East Gas Conference in December
Outlook 2026: Taking action on flaring and methane emissions
Less than two years after its launch, the World Bank’s Global Flaring and Methane Reduction Partnership is supporting abatement in 17 countries, but with flaring at a near-two-decade peak and methane emissions stubbornly high, there is work to do
Outlook 2026: Portable cryogenic tanks – Creating new energy pathways
Cryogenic tanks offer flexible transit options for the new generation of low-carbon molecules
Outlook 2026: Freedom gas, captive buyer
Japan once wrote the book on LNG supply diversification, but it is now looking increasingly reliant on a single major provider
Outlook 2026: Underground gas storage – A critical pillar for global energy security
Heightened unpredictability in the global energy market underlines the vital nature of UGS, which provides reliability, affordability and resilience
Outlook 2026: LNG markets and the overhang
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
Outlook 2026: The geopolitical weaponisation of LNG
Global gas markets are being reshaped by politics as much as by gas prices and fundamentals. From Washington to Doha, Brussels and Beijing, LNG has become a strategic weapon as much as a commodity
Gas LNG EU Russia
Tim Crawford
28 October 2025
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Explainer: How the EU will wean itself off Russian gas

Questions remain about how the phase-out will be implemented and enforced in practice

The European Council has approved a plan to gradually phase out imports of Russian gas starting in 2026 and ending at the start of 2028, covering both pipeline and LNG supplies. The decision followed a meeting of EU energy ministers on 20 October. Based on a proposal by the European Commission in June, the plan now requires only the European Parliament to adopt its position before both institutions agree on the final text for implementation. While timing is uncertain, the aim is to wrap up the process by year-end. Details Under the plan, spot purchases of Russian gas will be banned from the beginning of next year. Short-term gas contracts concluded before 17 June 2025 may continue until 17 J

Also in this section
Oil in 2026: Five factors to watch
21 January 2026
Petroleum Economist takes a look at the critical developments that look set to govern the course of the market for this year
Venezuela upends global heavy crude market
20 January 2026
The ripple effects of US refiners switching to Venezuela grades will be felt from Canada to China and everywhere in between
Saudi Arabia’s WPC Energy Congress: Convening the global energy future
20 January 2026
As the global energy system undergoes its most profound transformation in a century, the need for credible leadership, practical solutions and inclusive dialogue has never been greater. In 2026, the Kingdom of Saudi Arabia will stand at the centre of this conversation as host of the 25th WPC Energy Congress in Riyadh.
Saudi Arabia focuses on 'energy future for all' as it hosts WPC Energy Congress for first time
20 January 2026
The Kingdom of Saudi Arabia is the host of the 25th WPC Energy Congress on 26-30 April 2026. The Ministry of Energy spoke with Petroleum Economist about the key messages and opportunities for the global energy community.

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search