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The EU will allow to stop gas imports from Russia and Belarus without paying compensation

The European Union is ready to provide its member states with the opportunity to stop importing gas from Russia and Belarus without paying compensation under contracts. The Financial Times reports this, citing a project proposed by Brussels.

According to this project, each EU member state will have the right to block the expansion of gas pipelines and LNG terminals by companies from Russia and Belarus. Such a decision, it is argued, will protect the vital security interests of EU countries by limiting or completely stopping access to the infrastructure of gas operators from these countries.

A senior EU official noted that the proposal would provide a framework for EU energy companies to exit contracts with Russian gas suppliers without having to pay significant compensation.

Negotiators from EU member states and the European Parliament expect to approve the preliminary text of this document on Friday, December 8.

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