Latest news and stories about gas imports in Portugal for expats and residents.
Despite the bellicose rhetoric and pressure to dismantle the “Putin regime”, about 49% of Russia's global LNG exports are destined for European ports.
The Kremlin has warned the European Union that prohibiting imports of Russian gas would be 'extremely imprudent', signalling possible political and economic consequences and urging EU governments to reconsider such measures.
The Council of the European Union has formally approved an end to imports of Russian gas by 2027, with Hungary and Slovakia voting against and Bulgaria abstaining. The bans will take effect six months after entry into force, with existing contracts subject to a transition period.
The European Union has formally prohibited imports of Russian gas as part of sanctions linked to Russia's invasion of Ukraine.
