The European Commission floated a plan last week to phase out all Russian gas imports by the end of 2027.
The plan, unveiled on Tuesday at the end of the Group of Seven summit in Canada’s Kananaskis resort, would immediately ban new contracts to buy Russian gas. It would allow existing short-term contracts to run their course by next June, and cut short any long-term contracts at the end of 2027.
“To achieve peace through strength, we must put more pressure on Russia to secure a real…
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News Source: www.aljazeera.com
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