EU's Bold Step: Phasing Out Russian Gas by 2027

The European Parliament has approved a plan to phase out Russian gas imports by the end of 2027. While this marks a significant step towards energy independence, formal approval from EU ministers is still needed. The final decision is anticipated in the upcoming ministerial meeting early next year.

The European Parliament has taken a significant step by approving the plan to phase out Russian gas imports by late 2027.

This decision marks the penultimate legal hurdle before the ban can officially become law, signifying a major move towards energy independence within the European bloc.

However, the ban still awaits formal approval at a forthcoming meeting of EU countries' ministers, with final discussions expected to take place early next year.

(With inputs from agencies.)