EU Aims to Tighten Screws on Moscow: Focus on Early LNG Ban and Expanded Sanctions. The European Union is poised to intensify its economic pressure on Russia, with a proposed acceleration of the ban on Russian liquefied natural gas (LNG) imports. This move, coupled with a broader sanctions package, signals the EU’s commitment to curbing Moscow’s ability to finance its ongoing conflict.
The European Commission has put forward proposals to strengthen sanctions against Russia. A key element is the advancement of the ban on importing Russian liquefied natural gas (LNG). Commission President Ursula von der Leyen emphasized that Russia’s revenue from fossil fuel sales directly funds its war in Ukraine. The aim is to “turn off the tap,” with the import ban potentially taking effect as early as the beginning of 2027, a year ahead of the original schedule.
The EU has previously implemented extensive import bans on Russian energy products, including coal and oil, following Russia’s invasion of Ukraine. Despite these measures, Russia’s share of EU natural gas imports in 2024 still stood at 19%. This figure partly reflects the increase in LNG imports. LNG is transported by ship, converted back into gas at European coastal terminals, and then fed into the existing gas network, helping to offset a decline in pipeline imports.
Pressure from the United States
Former US President Donald Trump has been consistently urging EU member states to cease purchasing Russian oil and gas. These calls have been linked to further sanctions from the United States, highlighting the geopolitical dimension of the energy trade.
A recent phone conversation between Trump and von der Leyen included a request for the EU to increase its contributions toward ending Russia’s war against Ukraine. He urged European countries to bear a greater share of the financial burden in supporting the Ukrainian military. Subsequently, von der Leyen announced plans to accelerate the phasing out of all Russian oil and gas imports. This reflects growing transatlantic alignment on the need to weaken Russia’s economic capacity to wage war.
Proposed Additional Sanctions
The new sanctions package put forth by the EU includes further financial and trade restrictions. These are targeted at several areas, including Russia’s “shadow fleet” of tankers, cryptocurrencies, Russian and Central Asian banks, and Chinese refineries. The proposals also aim to close a loophole that allows Russia to import dual-use goods used by its military.
EU member states will now begin discussions on the sanctions proposals. The implementation of the measures will require unanimous agreement among the 27 member states, except for the energy import ban, which could potentially be passed through a majority vote. Difficulties are anticipated during the voting process, especially considering that some nations, like Hungary, are known to be skeptical of imposing new sanctions.
The EU’s most recent round of sanctions against Russia was imposed in July, constituting the 18th sanctions package. This constant evolution shows the EU’s persistent efforts to find new ways to curb Russian aggression.
