After years of reducing its reliance on Russian gas, the European Union is moving to turn off the taps completely within the next two years. The European Commission (EC) on May 6 presented a detailed roadmap to fully sever the European Union’s energy dependence on Russia by 2027.

The European Commission will next month propose legal measures to phase out the EU's imports of all Russian gas and liquefied natural gas by the end of 2027, it said on Tuesday. The European Union vowed to end its decades-old energy relations with former top gas supplier Russia after Moscow's full-scale invasion of Ukraine in February 2022.

As part of its plan, the EU executive arm in June will propose a ban on all imports of Russian gas—both pipeline and LNG—under new and existing spot contracts. The measure would take effect by year-end.