BRUSSELS (Reuters) -The European Union 's energy ministers on Monday backed the bloc's proposals to phase out Russian oil and gas imports by January 2028, the Council of the European Union said on Monday.
In a meeting in Luxembourg, EU energy ministers approved the plans, which would also phase out Russian gas imports under new contracts from January 2026, then existing short-term contracts from June 2026, and long-term contracts in January 2028.
The EU wants to phase out Russian oil and gas imports in a bid to deprive the Kremlin of revenues to fund its war in Ukraine.
(Reporting by Bart Meijer, Kate Abnett and Inti Landauro; Editing by GV De Clercq)
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