• Sign up for the Daily Digest E-mail
  • X
  • LinkedIn
  • See more results

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

BOE Report

Sign up

See more results

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

EU could quit Russian gas within a year, US energy chief says

September 12, 20255:02 AM Reuters0 Comments

The European Union could phase out Russian gas within six to 12 months by replacing it with U.S. liquefied natural gas, and the United States communicated this position to EU officials this week, U.S. energy secretary Chris Wright told Reuters on Friday.

Wright was speaking in Brussels, where he met EU energy commissioner Dan Jorgensen on Thursday to discuss ending Europe’s purchases of Russian energy. The EU is negotiating legal proposals to phase out imports of Russian oil and gas by January 2028, with a ban on short-term contracts kicking in from next year.

“I think this could easily be done within 12 months, maybe within six months,” Wright said, of how quickly the EU could phase out Russian gas.

“I definitely voiced the opinion we could do it faster. On the U.S. side, we could do it faster, and I think it would be good if those dates were moved up even more. I don’t know that that’s going to happen, but that was dialogued,” he said, referring to his meeting with Jorgensen.

A European Commission spokesperson did not immediately respond to a request for comment.

The U.S. is ramping up pressure on Europe to cut off energy revenue to Moscow, seeking to end the war in Ukraine. As Russia’s most lucrative export, its fuel revenue has helped fund the war.

Jorgensen said on Thursday it was unacceptable the EU continued to import Russian energy – but that the 2028 phase out was ambitious and would ensure EU countries do not face energy price spikes or supply shortages in the meantime.

EU Commission President Ursula von der Leyen said this week the bloc was considering a faster phase-out of Russian fossil fuels as part of new sanctions against Moscow, without specifying how Brussels would do this.

New sanctions require unanimous approval from all 27 EU members. Hungary and Slovakia have so far opposed sanctions on Russian gas – which is why the EU proposed the 2028 phase out, in a law which can be approved by a reinforced majority of EU countries.

“The faster we phase out, the sooner you put pressure on Russia,” Wright said.

Europe is expected to purchase around 13% of its gas from Russia this year, down from roughly 45% before Russia’s full-scale invasion of Ukraine in 2022, according to EU figures.

(Reporting by Kate Abnett; Editing by Kirsten Donovan)

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Stocks fall, oil prices rise on darkening economic outlook from Middle East war 
  • Iran says US attacks while calling for talks ‘intolerable’, response undecided
  • Oil, gas exploration is back: Energy giants hunt to replenish reserves
  • Services firms feel the squeeze as oil rally from Iran war fails to spur drilling
  • US drillers cut oil and gas rigs for second week in a row, Baker Hughes says

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2026 Stack Technologies Ltd.