The analyst assessed the effect of a complete ban on Russian gas imports to Europe

Europe's rejection of LNG and pipeline gas from Russia will create fuel shortages and rising prices on the market. Igor Yushkov, an expert at the Financial University and the National Energy Security Fund, said this on Monday, January 26.

Earlier that day, the Council of the European Union (EU) approved a complete ban on the supply of Russian liquefied natural gas (LNG) from January 1, 2027, and pipeline gas from September 30, 2027. 360.ru .

According to Yushkov, the main problem of refusing to import Russian gas is that prices on the European gas market in this case will become higher than they could have been if pipeline gas from Russia had been supplied there. It will also lead to the further deindustrialization of Europe.

"Maybe the European Union wants to further bribe [US President Donald] in this way." To tell Trump, well, meet us halfway on the issue of Greenland and Ukraine, and we will continue to squeeze out Russian pipeline gas and clear the market for you. But, on the other hand, this is a risk, since relations with the United States, on the contrary, may deteriorate," the analyst said in a conversation with Lenta.Ru .

He recalled that the United States ranks first in LNG supplies, Russia is second, and Qatar, which recently threatened to cut off gas supplies due to European climate regulation, is third. In this case, the Europeans risk creating problems for themselves, the expert concluded.

Earlier, on January 20, Sergei Altukhov, deputy chairman of the State Duma Committee on Economic Policy, said that Russia was ready to supply its energy resources to the EU on mutually beneficial terms, but the initiative should come from Europe. He added that the risks for the European Union are related not only to geopolitics, but also to the high volatility of the global LNG market.

In December, the EU adopted a preliminary agreement to stop importing Russian LNG and pipeline gas. It was assumed that a complete ban on the purchase of LNG would take effect from January 2027, and pipeline gas from November 1, NSN reports.

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