EU Proposes Full Ban on Russian LNG From 2027, a Year Early (2)

The European Union proposed a complete ban on imports of Russian liquefied natural gas from Jan. 1, 2027, as part of its latest measures to curb President Vladimir Putin’s ability to wage Moscow’s war against Ukraine.

The EU also proposed a full transaction ban on more Russian banks and financial institutions as well as trade restrictions on entities in China and India, which have enabled Moscow to get around the bloc’s sanctions.

Ursula von der Leyen

Photographer: Simon Wohlfahrt/Bloomberg

The shift comes just days after US President Donald Trump called on the EU to step up pressure on Russia’s energy trade. The EU was originally ...