EU to Enforce Transparency on Russian Gas Deals
European Union companies must disclose details of Russian gas deals under new European Commission proposals aimed at banning Russian gas imports by 2027. The Commission plans to propose legislation to halt Russian gas imports and prohibit new deals by the end of this year.
- Country:
- Belgium
The European Commission is set to require EU companies to reveal details of their Russian gas contracts. This move comes amid plans to ban imports entirely by 2027, according to an internal document seen by Reuters.
Legal measures to end Russian gas imports are being drafted, with an aim to halt new deals by this year's end. The proposals are scheduled for publication on June 17.
The Commission's upcoming proposals demand companies disclose contract details, including duration, volume, destination clauses, and signature dates, for all Russian gas agreements.
(With inputs from agencies.)
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