On Tuesday, the option available to every EU member state to stop importing Russian LNG became more realistic through a vote in the European Parliament. Belgium should soon be able to take advantage of this. But if it is up to Ten van der Straeten, there is a risk that our country will not benefit from it. Therefore, Belgium will remain one of the main gateways for Russian LNG to Europe.
Why is this important?
While European imports of Russian natural gas (by pipeline) have declined sharply since the outbreak of war in Ukraine, imports of Russian liquefied natural gas (by ship) have increased. Belgium is the third largest importer of LNG in Europe. She says she cannot stop this process, as she is bound by contracts. There are currently no sanctions on Russian gas at the European level.In the news: An important vote on Russian liquefied natural gas.
- The European Parliament's Energy Committee on Tuesday approved a set of rules to reform gas markets.
- One of the approved measures relates to the import of Russian liquefied natural gas. Each Member State should be able to decide for itself whether to stop doing so or not.
Legal framework for terminating contracts
the details: Fluxys “Ukraine's war sponsor”.
- European Parliament and Council
This featured article is exclusive to subscribers
Now read 3 articles for free per month!
Do you think about the future, about the future of tomorrow? Business AM is your guide through change. Don't follow the facts and be part of the fastest growing business site in Flanders.
“Total coffee specialist. Hardcore reader. Incurable music scholar. Web guru. Freelance troublemaker. Problem solver. Travel trailblazer.”
More Stories
Thai Air Force wants Swedish Gripen 39 fighter jets
Ageas surprises with higher operating result
Horse Palace in Belt for sale