The European Union reached a tentative deal on a gas regulation enabling countries to effectively ban Russian shipments of liquefied natural gas without new energy sanctions.
The European Parliament and the EU Council, representing member states, endorsed on Friday part of a package that sets common rules for natural gas, renewable gases and hydrogen, preparing the bloc to move away from fossil fuels. The measure would allow member governments to temporarily prevent Russian and Belarusian exporters from booking the infrastructure capacity needed for the shipments of LNG and natural gas.
“The regulation will contain provisions allowing member states to adopt ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.