""agreement is a long-overdue step toward dismantling one of the Kremlin's most powerful economic weapons. Every cubic meter of Russian gas kept flowing into Europe has helped finance the missiles that strike Ukrainian cities. This Regulation, if implemented without loopholes, brings Europe closer to honouring its promise to end this deadly dependency.""
""Europe cannot repeat the mistakes that led to the 2022 energy crisis," Romanko added, "This Regulation must be watertight. No exceptions. No backdoors. No return to dependency - ever.""
"Ukrainian campaign group Razom We Stand welcomes the political agreement reached in the final open-ended trilogue on the REPowerEU Regulation, which aims to phase out Russian gas imports, marking a long-awaited breakthrough in Europe's efforts to cut off the fossil-fuel revenues that fund Russia's war machine."
A political agreement in the final open-ended trilogue on the REPowerEU Regulation aims to phase out Russian gas imports to deprive Russia of fossil-fuel revenues that fund the war. The deal arrives as Russia's full-scale invasion enters its fourth year and as intermediaries reroute pipeline gas, LNG, and oil products into the EU market. Razom We Stand called the agreement a long-overdue step to dismantle a Kremlin economic weapon and warned that every cubic meter of Russian gas finances missiles. Civil society pressure from more than 30 organisations urged a stronger Parliament position, tighter trusted-country limits, and retention of strict penalties.
Read at London Business News | Londonlovesbusiness.com
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