“Russia’s war economy relies on fossil fuel revenues. We want to reduce these revenues. That is why we are banning the import of russian LNG into European markets”, - said European Commission President Ursula von der Leyen, reports European Pravda.
“It’s time to turn off the tap. We are ready for this”, - she added.
In turn, EU High Representative for Foreign Affairs Kaja Kallas stated that a complete phase-out of russian liquefied gas is planned by the end of next year.
“Our goal is to accelerate the phase-out of russian liquefied gas by January 1, 2027”, - Kallas emphasized.