BeeMarkets
BeeMarkets
Pioneering AI Broker: Lowest Spreads & Commissions
Home
Trade
Trading Environment
Spread Commission
Account
Account Type
Overview Standard Account Expert Account Pro Account Corporate Account Islamic Account
Manage Account
Deposits & Withdrawals
Market
Market
Forex Metal EnergyIndices Crypto
Platform
FastBull
Overview FastBull Web FastBull App
BeeMarkets
OverviewBeeMarkets App
Resources
News & Education
Market News 24/7 Economic Calendar Video
Trading tools
Currency Converter Margin Calculator Swap Calculator P/L Calculator
More
About Us
Why Us Contact BeeMarkets BM AI Help Center Term and Policy
Sign Up
Log In

English

Español

العربية

Bahasa Indonesia

Bahasa Melayu

Tiếng Việt

ภาษาไทย

Русский язык

Français

Italiano

Turkish

Português

日本語

한국어

简中

繁中

English
Language
  • Home
  • Trade
    • Trading Environment
    • Spread
    • Commission
  • Account
    • Account Type
    • Overview
    • Standard Account
    • Expert Account
    • Pro Account
    • Corporate Account
    • Islamic Account
    • Deposits & Withdrawals
  • Market
    • Market
    • Forex
    • Metal
    • Energy
    • Indices
    • Crypto
  • Platform
    • FastBull
    • Overview
    • FastBull Web
    • FastBull App
    • BeeMarkets
    • Overview
    • BeeMarkets App
  • Resources
    • News & Education
    • Market News
    • 24/7
    • Economic Calendar
    • Video
    • Trading tools
    • Currency Converter
    • Margin Calculator
    • Swap Calculator
    • P/L Calculator
  • More
    • About Us
    • Why Us
    • Contact BeeMarkets
    • BM AI
    • Help Center
    • Term and Policy

English

Español

العربية

Bahasa Indonesia

Bahasa Melayu

Tiếng Việt

ภาษาไทย

Русский язык

Français

Italiano

Turkish

Português

日本語

한국어

简中

繁中

Sign Up Log In

Europe’s Energy Divorce from Russia: Inside the High-Stakes Plan to End Oil and Gas Dependence by 2027

Gerik
Summary:

The European Union is finalizing a plan to completely end fossil fuel imports from Russia by 2027 or 2028. The ambitious Repower EU strategy faces opposition from key Central European states ...

Final Countdown: EU’s Deadline to Cut Russian Fossil Fuels

The European Union is approaching a decisive moment. Within weeks, it will finalize whether to ban all remaining fossil fuel imports from Russia by early 2027 or postpone the exit to 2028. Since Russia's 2022 invasion of Ukraine, the EU has made significant progress in weaning itself off Russian energy, particularly seaborne oil. Yet, natural gas still constitutes two-thirds of the EU’s remaining fossil fuel imports from Moscow.
This plan, known as Repower EU, aims to permanently eliminate Russian oil and gas dependency by focusing on energy efficiency, expanding renewable sources, and diversifying suppliers. However, the road to full energy independence remains riddled with economic, geopolitical, and infrastructure hurdles.

The Central European Challenge: Hungary and Slovakia Dig In

Hungary and Slovakia continue importing cheap oil and gas from Russia via the Druzhba and Turkstream pipelines and have resisted EU sanctions multiple times. In September alone, Hungary spent over €390 million on Russian fossil fuels. While the Czech Republic ended its Russian oil imports in April, Hungary and Slovakia show little intention of following suit despite alternative pipeline options being technically available.
The Turkstream pipeline, which runs through Bulgaria, still delivers increasing volumes of Russian gas to Europe and weakens internal production incentives by keeping prices low.
Shifting Supply Lines: LNG Market Volatility and the U.S. Factor
Much of Europe’s ability to eliminate Russian gas depends on the global LNG market. Liquefied Natural Gas has helped offset lost pipeline supplies, but intense competition from Asian markets and geopolitical uncertainty make long-term reliance risky.
The U.S. has emerged as a top supplier, accounting for 24% of the EU’s total gas imports in Q1 2025. The EU also signed a three-year deal in July to import $250 billion worth of American energy. Yet with the potential return of Donald Trump, a more unpredictable energy partner looms.
Experts note that new supply from the U.S. and Canada expected in 2026 could ease market pressure and lower prices, shifting the LNG market toward buyer dominance.

Renewables: A New Dependency on China

While increasing the share of renewables is central to Repower EU, this shift introduces a new vulnerability: overdependence on China. The country dominates the supply chain for solar panels, wind turbines, and rare earth minerals resources that are being weaponized in Beijing’s trade disputes with the U.S.
Europe must now navigate the balance between energy sovereignty and renewable expansion without simply trading one geopolitical dependency for another.

Turkey’s Growing Role as a Russian Energy Gateway

Turkey, though a NATO member, has deepened its energy ties with Russia, becoming the third-largest buyer of Russian fossil fuels after China and India. It also acts as a re-export hub for Russian oil and refined products to Europe. In September alone, Turkey imported €2.6 billion in Russian fossil fuels.
The EU’s 18th sanctions package, passed in July, includes a ban (effective 2026) on refined oil imports from third countries that are net crude importers a clear attempt to block Russia’s backdoor into the EU market. Still, analysts warn these sanctions may lack sufficient enforcement to close loopholes.

Legislative Tug-of-War: 2027 or 2028?

The European Parliament supports a full ban by 2027. However, the EU Council comprising energy ministers from all 27 member states favors a 2028 deadline. This discrepancy will be resolved through upcoming negotiations. The timeline decision is crucial: it will shape not just the EU's future energy map, but also its climate goals, strategic autonomy, and geopolitical posture.
Even if Repower EU passes swiftly, concerns remain about its durability. Spain has pushed for Article 15, which would allow member states to temporarily lift the ban in undefined “emergency” cases a clause that risks being exploited.
The EU’s push to sever its energy ties with Russia is among the most complex geopolitical and infrastructural projects in its history. It requires not only legislative consensus and technological transformation but also geopolitical navigation in an increasingly volatile world. The coming months will test whether Europe can truly break free from Russian energy and at what cost.
To stay updated on all economic events of today, please check out our Economic calendar
Copyright © 2025 FastBull Ltd
News, historical chart data, and fundamental company data are provided by FastBull Ltd.
Risk Warnings and Disclaimers
You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
BeeMarkets
InstagramTwitterfacebooklinkedin
App Store Google Play
Trade
Trading Environment
Spread
Commission
Account
Account Type
Overview
Standard Account
Expert Account
Pro Account
Corporate Account
Islamic Account
Manage Account
Deposits & Withdrawals
Market
Market
Forex
Metal
Energy
Indices
Crypto
Platform
FastBull
Overview
FastBull Web
FastBull App
BeeMarkets
Overview
BeeMarkets App
Resources
News & Education
Market News
24/7
Economic Calendar
Video
Trading tools
Currency Converter
Margin Calculator
Swap Calculator
P/L Calculator
More
About Us
Why Us
Contact BeeMarkets
BM AI
Help Center
Term and Policy

BEE SOUTH AFRICA (PTY) LTD is a broker registered in South Africa with registration number 2025 / 325303 / 07. Its registered address is:21 Villa Charlise, Edgar Road, Boksburg, Boksburg, Boksburg, Gauteng, 1459.BEE SOUTH AFRICA (PTY) LTD is an affiliated entity of Bee (COMOROS) Ltd, and the two operate independently.

BEEMARKETS SECURITIES & FINANCIAL PRODUCTS PROMOTION L.L.C is a broker registered in the United Arab Emirates with registration number 1471759. Its registered address is:Office No. 101, Property of Sheikh Ahmed Bin Rashid Bin Saeed Al Maktoum, Deira, Hor Al Anz.BEEMARKETS SECURITIES & FINANCIAL PRODUCTS PROMOTION L.L.C is an affiliated entity of Bee (COMOROS) Ltd, and the two operate independently.

Risk Disclosure:OTC derivative contracts, such as Contracts for Difference (CFDs) and leveraged foreign exchange (FX), are complex financial instruments carrying significant risks. Leverage can lead to rapid losses, potentially exceeding your initial investment, making these products unsuitable for all investors. Before trading, carefully evaluate your financial position, investment goals, and risk tolerance. We strongly recommend consulting independent financial advice if you have any doubts about the risks involved.

BeeMarkets does not guarantee the accuracy, timeliness, or completeness of the information provided here, and it should not be relied upon as such. The content—whether from third parties or otherwise—is not a recommendation, offer, or solicitation to buy or sell any financial product, security, or instrument, or to engage in any trading strategy. Readers are advised to seek their own professional advice.

Jurisdictional Restrictions:BeeMarkets does not offer services to residents of certain jurisdictions, including the United States, Mainland China, Australia, Iran, and North Korea, or any region where such services would violate local laws or regulations. Users must be 18 years old or of legal age in their jurisdiction and are responsible for ensuring compliance with applicable local laws. Participation is at your own discretion and not solicited by BeeMarkets. BeeMarkets does not guarantee the suitability of this website’s information for all jurisdictions.

Risk Disclosure Anti-Money Laundering Privacy Policy
Copyright © 2025 BeeMarkets, All Rights Reserved