The European Union (EU) has moved to end all imports of Russian natural gas by the end of 2027, following a majority vote by member states during a meeting of European energy ministers in Luxembourg.
In 2024, the EU imported €11.1 billion ($12.8 billion) worth of solar panels, €2.9 billion of liquid biofuels, and €0.5 billion worth of wind turbines from extra-EU countries, totalling almost €14.6 billion ($16.9 billion) in imports of green energy products, according to data released by Eurostat, the EU’s statistical office.
India and the European Union have concluded a long-delayed free trade agreement that will eliminate or sharply reduce tariffs on the vast majority of goods traded between the two sides, a move aimed at boosting bilateral commerce amid rising global trade tensions.
Qatar said the European Union’s (EU) push to ease some regulatory burdens is opening the door to further gas deals with companies in the region. Qatar plans to expand export capacity to 142 million tonnes per year by 2030 and has signed deals with Germany and France as Europeans seek to diversify their LNG sources.
