Brussels, Belgium — The European Union is set to unveil a comprehensive strategy aimed at enhancing energy independence and reducing reliance on Russian supplies, as new projections reveal the continent could see a surge in liquefied natural gas (LNG) capacity. By 2027, global LNG capacity is expected to increase by 170 billion cubic meters, with North America leading the way by doubling its production capabilities.
Integral to this strategy is the EU’s commitment to electrify its economy further. Officials plan to establish a collaborative purchasing platform for alternative energy sources, such as biomethane, to offset traditional natural gas imports. This shift reflects a broader goal of transitioning away from fossil fuels, particularly those sourced from Russia.
In a move that underscores the urgency of diversifying energy sources, the forthcoming plan will target the EU’s dependency on Russian nuclear resources. Currently, Russia supplies approximately 20 percent of the uranium and nearly 38 percent of the EU’s enrichment services. Notably, five member states maintain operations of reactors initially built by Russian firms, complicating the bloc’s aspirations for self-sufficiency.
To diminish this reliance, Brussels plans to introduce new legislation aimed at making the import of enriched uranium from Russia less economically viable. This will involve implementing trade measures that could disrupt existing contracts between the EU’s uranium supply agency and Russian entities.
Additionally, the European Commission aims to close existing loopholes in sanctions that currently allow Russia to operate its aging maritime fleet, which poses challenges in enforcement. New agreements are expected to be initiated with nations responsible for these vessels, facilitating proactive measures such as pre-authorized inspections.
While the proposed recommendations are currently non-binding, future legislation will require consensus among member nations before implementation. This raises concerns regarding potential resistance, particularly from governments in Hungary and Slovakia, which have openly opposed stringent actions against Moscow. Both countries rely heavily on Russian energy, with Hungary and Slovakia sourcing over 80 percent of their oil and utilizing the TurkStream pipeline for gas transport.
The proposal is set to be discussed by EU member states in a meeting scheduled for Thursday, marking a pivotal moment in the bloc’s journey towards energy autonomy. As tensions persist, the outcome of these discussions could significantly reshape the EU’s energy landscape and future diplomatic relations with Russia.