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23 April 2022

Can the EU wean itself off Russian gas?

Harry Dempsey, Niko Kommenda, Leslie Hook

The EU, UK and US have imposed wide-ranging sanctions on Russian banks and high-profile individuals linked to Vladimir Putin in response to the war in Ukraine, yet Russian oil and gas imports have continued to flow into Europe.

Since the invasion began on February 24, the EU has paid Russia more than €20bn for gas imports alone. The European Commission has now published an ambitious strategy to reduce the bloc’s reliance on Russian gas by the end of 2022 — but how feasible is it?

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