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EU Gas Imports Rise 18% Despite Phase-Out Plans

3/27/2025

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Summary

Story summary

In 2024, EU imports of Russian gas surged by 18%, defying plans to phase it out by 2027. Italy, the Czech Republic, and France drove this increase, raising alarms about overcapacity and soaring prices—up 59%. As the EU strives to boost LNG capacity and explore alternatives, the shadow of reliance on Russian gas looms large.

History

Historical Context

The EU's 18% rise in Russian gas imports in 2024 echoes past energy crises, notably the 2009 Russo-Ukrainian gas dispute. Then, Europe learned the dangers of over-reliance on Russian energy. Current surges highlight persistent vulnerabilities, as EU nations grapple with balancing energy security and geopolitical pressures.

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Story summary

In 2024, EU imports of Russian gas surged by 18%, defying plans to phase it out by 2027. Italy, the Czech Republic, and France drove this increase, raising alarms about overcapacity and soaring prices—up 59%. As the EU strives to boost LNG capacity and explore alternatives, the shadow of reliance on Russian gas looms large.

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