EU’s Bold Plan To End Russian Gas Reliance By 2028

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Oct 21, 2025

EU energy ministers plan to ditch Russian gas by 2028, but can landlocked nations adapt? Dive into the bold strategy and its challenges...

Financial market analysis from 21/10/2025. Market conditions may have changed since publication.

Have you ever wondered what it takes for an entire continent to rewrite its energy future? The European Union is embarking on a bold mission to sever its reliance on Russian gas by 2028, a move that’s as ambitious as it is complex. It’s not just about flipping a switch—there’s a tangle of geopolitics, infrastructure, and economic realities to navigate. Let’s dive into this high-stakes energy transition and explore what it means for Europe’s future.

A New Era for EU Energy Policy

The EU’s push to eliminate Russian gas imports is more than a policy shift; it’s a declaration of energy independence. For decades, Europe leaned heavily on Russia for natural gas, but recent geopolitical tensions have turned that dependency into a liability. By setting a 2028 deadline, EU energy ministers are signaling a commitment to energy security and resilience, even if the road ahead is bumpy.

According to energy policy experts, the plan hinges on phasing out contracts for both pipeline gas and liquefied natural gas (LNG) by January 1, 2026, with a full cutoff of long-term contracts by 2028. This isn’t just talk—member states will need to submit detailed diversification plans to ensure they’re not left in the cold. But can every country keep up?


Why Now? The Push for Energy Independence

The catalyst for this drastic shift traces back to 2022, when geopolitical events made Europe rethink its energy strategy. Russia once supplied over 40% of the EU’s pipeline gas, but by 2024, that figure plummeted to around 11%. The EU didn’t just sit back—they slashed Russian oil imports by over 90% between 2021 and 2025, dropping Russia’s share of total oil imports from 29% to under 2%. That’s no small feat.

An energy-independent Europe is a stronger, more secure Europe.

– Danish energy minister

This progress shows the EU’s resolve, but it’s not all smooth sailing. The value of Russian LNG imports nearly tripled in the same period, even as overall gas imports from Russia dropped. Why? The EU has been swapping pipeline gas for LNG from places like the United States, Qatar, and Norway, quadrupling total LNG imports. It’s a classic case of trading one dependency for another, and I can’t help but wonder if this pivot is as sustainable as it sounds.

The Challenges of Going Cold Turkey

Let’s be real—cutting off Russian gas entirely by 2028 is a tall order. Some countries, particularly landlocked ones like Hungary and Slovakia, face unique hurdles. These nations rely on Russian supplies via pipelines like Druzhba, and alternatives aren’t exactly cheap or easy to come by. Hungarian officials have been vocal about this, arguing that energy security for landlocked countries requires a bit of pragmatism.

I’ve always found it fascinating how geography shapes policy. Hungary’s environment minister recently pointed out that without coastal access, building LNG terminals or diversifying suppliers isn’t as simple as it sounds. Slovakia’s leaders echoed this, calling for “empathy” in the transition. It’s a reminder that while the EU’s collective goal is clear, not every member state is starting from the same place.

  • Limited infrastructure: Landlocked countries lack easy access to LNG terminals.
  • Cost concerns: Alternative energy sources often come with a higher price tag.
  • Geopolitical ties: Some nations maintain closer relations with Russia, complicating the shift.

How the EU Plans to Pull It Off

The EU’s strategy isn’t just about saying “no” to Russian gas—it’s about building a robust alternative framework. Member states importing Russian gas or oil must submit diversification plans outlining how they’ll transition by 2028. This could involve ramping up renewable energy, expanding LNG infrastructure, or forging new supply agreements with non-Russian partners.

Take Norway, for example. It’s stepped up as a key LNG supplier, alongside the U.S. and Qatar. Between 2021 and 2025, the EU’s total LNG imports skyrocketed, helping offset the drop in Russian pipeline gas. But here’s the kicker: scaling up renewables like wind and solar takes time, and the clock is ticking. Can the EU balance short-term needs with long-term goals?

Energy SourceShare of EU Imports (2021)Share of EU Imports (2024)
Russian Pipeline Gas40%11%
Russian Oil29%2%
Russian LNGMinor19% (combined gas/LNG)

The Role of Renewable Energy

Perhaps the most exciting part of this transition is the push for renewables. Wind, solar, and hydrogen are no longer just buzzwords—they’re critical pieces of the EU’s energy puzzle. Denmark, which currently holds the EU Council presidency, has been a vocal advocate for green energy. Their minister called the phase-out plan a step toward a “stronger and more secure Europe,” and I couldn’t agree more.

Still, renewables aren’t a silver bullet. Building wind farms or solar arrays takes years, not to mention the grid upgrades needed to handle them. In my view, the EU’s success will depend on how quickly it can scale these technologies while keeping energy affordable for consumers.

What About Hungary and Slovakia?

Hungary and Slovakia are the wild cards in this equation. Both countries have resisted the EU’s push to completely cut Russian energy, citing practical concerns. Hungary’s foreign minister recently quipped that building an LNG terminal would be nice—if only they had a coastline. It’s a fair point, but it also highlights the tension between EU unity and national realities.

We don’t have sustainable alternatives at a reasonable price yet.

– Slovakian official

The EU has offered some flexibility for landlocked nations, allowing existing contracts to continue until mid-2026. But after that, the pressure is on. These countries will need to get creative—perhaps by investing in cross-border pipelines or leaning harder into renewables. It’s a tough spot, and I can’t help but feel a bit of sympathy for their predicament.

The Bigger Picture: Energy Security and Beyond

At its core, this plan is about more than just gas—it’s about redefining Europe’s place in the global energy landscape. By reducing reliance on a single supplier, the EU is hedging against future shocks. But there’s a broader lesson here: energy transitions are messy, expensive, and full of trade-offs. The EU’s ability to navigate these will shape not just its energy policy but its economic and political stability.

  1. Diversify suppliers: Partner with countries like Norway, Qatar, and the U.S.
  2. Boost renewables: Accelerate wind, solar, and hydrogen projects.
  3. Upgrade infrastructure: Expand LNG terminals and grid capacity.

In my experience, bold plans like this often face unexpected hurdles. The EU’s timeline is tight, and negotiations with the European Parliament could drag on. Still, the momentum is there, and the stakes couldn’t be higher. Will Europe pull it off, or will the complexities of geopolitics and infrastructure slow them down? Only time will tell.


As the EU charts this ambitious course, one thing is clear: the journey to energy independence is a marathon, not a sprint. From renewables to new supply chains, the pieces are in place, but execution will be everything. What do you think—can Europe break free from Russian gas by 2028, or is this plan too optimistic? The answer might just shape the continent’s future.

The most important quality for an investor is temperament, not intellect.
— Warren Buffett
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