This is reported by the German newspaper Welt am Sonntag on the basis of documents from the European Commission that have been viewed. Regulating gas prices will cost a lot of money.
The European Commission will present a detailed plan later this month to phase out Russian fuel imports by 2027. At the moment the EU is still very dependent on Russia, but that is being phased out since the war in Ukraine. For example, more terminals for liquefied natural gas (LNG) are being built.
Earlier this week, Germany accused the Russians of using energy as a weapon against the West. Moscow has imposed sanctions against western energy companies. Also, less gas flows from Russia to Europe through pipelines across Ukrainian territory.
