The Permanent Mission of the Russian Federation to the EU commented on the EC's plans to abandon energy resources of the Russian Federation

The roadmap presented by the European Commission (EC) on the abandonment of Russian energy resources has increased concern among European businesses and experts, who are already documenting the economic consequences of the premature severance of energy ties with Moscow. This was announced on May 6 at the Permanent Mission of the Russian Federation to the European Union and Euratom.

"The Roadmap advertised by the European Commission and presented in violation of the deadlines it announced earlier only on May 6 of this year with the aim of stopping energy imports from Russia is in line with the self-destructive course taken by the EU in 2022 to completely abandon reliable, stable supplies of Russian energy at affordable prices," the report says.

In addition, the consequences of the course chosen by the European Union are already tangible: the economy is stalling, industry is declining, and living standards are declining. According to Eurostat, the EU's GDP grew by only 0.4% in 2023, by only 1% in 2024, and by only 0.3% in the first quarter of this year. New steps by Brussels, dictated by politics rather than economics, could hit the EU economy even harder.

It is noted that, unlike the bureaucracy in Brussels, European businesses are economically interested in continuing to purchase Russian energy resources. It is significant that, despite the sanctions and other restrictions imposed, in 2024 about 19% of all gas imported by the EU still comes from Russia - and this volume has even increased compared to last year. In addition, five EU countries continue to purchase nuclear fuel from Russia for their nuclear power plants built using Russian technologies.

"In general, it is becoming increasingly obvious that the ideologized guidelines of the European Commission are at odds with the real interests of the EU states in the energy sector... Russia, in turn, remains ready to develop mutually beneficial energy cooperation with Europe," the permanent mission concluded.

Unfreezing prices: why Europe is again threatened by gas shortages

The cost of blue fuel may stay at high levels for a long time to come

Hungarian Minister of Foreign Affairs and External Economic Relations Peter Szijjarto, commenting on the new initiative of Brussels, said on May 6 that Hungary opposes the European Commission's (EC) plan to phase out Russian gas by 2027. The Foreign Minister pointed out that such actions violate the sovereignty of the European Union (EU) countries, as because of this, states will not be able to choose a source of energy. According to Szijjarto, these measures are aimed at supporting Ukraine's accelerated accession to the EU.