On October 16, the European Parliament's Industrial Affairs Committee will consider amendments to the RePowerEU regulation aimed at reducing the EU's dependence on Russian energy, Bloomberg sources reported.

RePowerEU was introduced after the outbreak of the conflict between Ukraine and Russia and initially envisaged a complete phaseout of Russian raw materials by the end of 2027. The proposed changes include a ban on oil and petroleum product imports from Russia from the beginning of 2026, and on gas purchases from 2027.

Current short-term oil contracts will be exempt from restrictions until mid-June 2026, and long-term contracts until January 1, 2027. The European Commission intends to impose duties on supplies via the Druzhba pipeline to Hungary and Slovakia if these countries do not suspend imports.

The adoption of the amendments will align the ban on pipeline gas with the already proposed restrictions on seaborne fuel supplies from Russia as part of EU sanctions against Moscow.