• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, January 29, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

U.S. Urges Europe to Phase Out Russian Gas Within a Year 

Prince Agyapongby Prince Agyapong
September 12, 2025
Reading Time: 5 mins read
EU Natural Gas Storage Target

EU Natural Gas Storage Target

The European Union could end its reliance on Russian gas far sooner than currently planned, with the U.S. government insisting that the transition could be completed within six to twelve months if American liquefied natural gas (LNG) were used to fill the gap.  

The push came during high-level energy talks in Brussels this week, where U.S. Energy Secretary Chris Wright urged the bloc to accelerate its timeline. Speaking to Reuters after meeting EU Energy Commissioner Dan Jorgensen, Wright said Washington had made clear its position. 

“I think this could easily be done within 12 months, maybe within six months.

“On the U.S. side, we could do it faster, and I think it would be good if those dates were moved up even more.” 

U.S. Energy Secretary Chris Wright

The comments highlight a widening gap between the EU’s cautious approach and Washington’s determination to cut off Moscow’s most lucrative export stream as part of broader efforts to end Russia’s war in Ukraine. 

RelatedPosts

Nigeria’s National Grid Collapses Expose Power System Failure

Global Oil Prices Surge to Four-Month High

Galamsey Fight Intensified as Gov’t Rolls Out Fresh Initiatives

EU’s Current Plan 

Energy Secretary Chris Wright
Energy Secretary Chris Wright

The European Commission has drafted proposals to phase out Russian oil and gas imports by January 2028, with a ban on short-term gas contracts coming into force from 2026.  

Officials have argued that the lengthy phase-out period is designed to shield member states from sudden energy price spikes and supply shortages. 

ADVERTISEMENT

Commissioner Jorgensen echoed this sentiment, saying it was “unacceptable that the EU continues to import Russian energy, but the 2028 phase-out is ambitious and ensures stability for our citizens and industries in the meantime.” 

European Commission President Ursula von der Leyen has also hinted at a possible acceleration, telling reporters this week that Brussels is “considering a faster phase-out of Russian fossil fuels as part of new sanctions against Moscow,” though she did not specify how the shift would be achieved. 

U.S. Position 

Sergey Tsivilev Russias Minister of Energy 1
Gas

Washington, however, is pressing for a more aggressive timetable. Wright told reporters that every additional year of Russian gas imports fuels Moscow’s war chest. “The faster we phase out, the sooner you put pressure on Russia,” he said. 

U.S. LNG exports to Europe have surged since Russia’s full-scale invasion of Ukraine in February 2022. Before the war, Russian pipeline gas accounted for roughly 45% of the EU’s supply; this year, that figure is expected to fall to about 13%, according to EU data. 

Officials in Washington believe American LNG can more than cover the shortfall, with new export terminals in the U.S. Gulf Coast and growing shipping capacity enabling faster deliveries. Wright said he made clear to EU officials that U.S. suppliers are ready to scale up. 

Despite the United States’ assurances, deep political divisions within the EU complicate any accelerated timetable. Sanctions on Russian energy require unanimous agreement among all 27 member states.  

Countries such as Hungary and Slovakia, which remain heavily dependent on Russian gas, have consistently opposed immediate sanctions. 

U.S. President Donald Trump with Russian President Vladimir Putin
U.S. President Donald Trump with Russian President Vladimir Putin

To circumvent this, Brussels has structured the 2028 phase-out plan in a way that allows approval by a reinforced majority of EU countries, sidestepping the unanimity requirement.  

But even this compromise reflects the difficulty of aligning all member states on an energy strategy with profound economic and political implications. 

The renewed pressure from Washington underscores the geopolitical stakes. By accelerating the shift, the U.S. hopes to deprive Russia of vital revenue that has underpinned its war in Ukraine. But European leaders remain cautious, balancing geopolitical urgency with economic realities. 

EU Agrees to Seek Eased Natural Gas Storage Target
EU Agrees to Seek Eased Natural Gas Storage Target

A European Commission spokesperson declined to comment immediately on Wright’s remarks. However, diplomatic sources say discussions are ongoing behind closed doors about whether some member states could commit to faster individual timelines, even if the bloc’s official deadline remains 2028. 

For now, the debate is set to continue. While the EU’s official position remains cautious, Wright’s comments indicate growing U.S. impatience.  

The choice for Europe will be whether to push ahead with its gradual approach or embrace a more ambitious shift that could transform the continent’s energy map within a year. 

READ ALSO: Investors Snub T-Bills As Government Struggles to Raise GH¢6.7bn, Settles for GH¢3.2bn 

Tags: BrusselsChris WrightEU energyRussian GasU.S. LNG exports to Europe
ShareTweetShareSendSend
Please login to join discussion
Previous Post

WAEC Eyes Digital Exams to Tackle Cheating in Schools

Next Post

Protecting Your Business from the Unexpected – The Case for Public Liability Insurance

Related Posts

Nigeria’s National Grid Collapses
Extractives/Energy

Nigeria’s National Grid Collapses Expose Power System Failure

January 29, 2026
Global Oil Prices
Extractives/Energy

Global Oil Prices Surge to Four-Month High

January 29, 2026
Illegal Mining Raids Farming Activities in Ashanti Region
Extractives/Energy

Galamsey Fight Intensified as Gov’t Rolls Out Fresh Initiatives

January 29, 2026
Panpaso Fuel Tanker Accident
Extractives/Energy

COMAC Warns Public After Panpaso Fuel Tanker Accident

January 29, 2026
Atlantic Lithium Granted Approval to List Shares on GSE
Extractives/Energy

Ghana’s First Lithium Nears Final Approval

January 29, 2026
Lands Minister Outlines Interventions to Enhance Responsible Mining
Extractives/Energy

Gov’t Tightens Measures to Control Mining Equipment Importation

January 29, 2026
Nigeria’s National Grid Collapses
Extractives/Energy

Nigeria’s National Grid Collapses Expose Power System Failure

by Prince AgyapongJanuary 29, 2026
ICE To Focus On Targeted Operations In Minneapolis
USA

ICE To Focus On Targeted Operations In Minneapolis

by Comfort AmpomaaJanuary 29, 2026
Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”
Entertainment

Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”

by M.CJanuary 29, 2026
Ghana’s Corruption Fight Forcefully Alive – Special Prosecutor Declares
General News

Ghana’s Corruption Fight Forcefully Alive – Special Prosecutor Declares

by Evans Junior OwuJanuary 29, 2026
Kissi Agyebeng, Special Prosecutor, Ghana
General News

OSP Generated Returns Far Exceeding its Funding – SP

by Evans Junior OwuJanuary 29, 2026
President Mahama Urges Bold Financing for Africa’s Industrialization
Vaultz Business

President Mahama Urges Bold Financing for Africa’s Industrialization

by Silas Kafui AssemJanuary 29, 2026
Nigeria’s National Grid Collapses
ICE To Focus On Targeted Operations In Minneapolis
Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”
Ghana’s Corruption Fight Forcefully Alive – Special Prosecutor Declares
Kissi Agyebeng, Special Prosecutor, Ghana
President Mahama Urges Bold Financing for Africa’s Industrialization

Recent News

Nigeria’s National Grid Collapses

Nigeria’s National Grid Collapses Expose Power System Failure

January 29, 2026
ICE To Focus On Targeted Operations In Minneapolis

ICE To Focus On Targeted Operations In Minneapolis

January 29, 2026
Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”

Global Star Keri Hilson Calls Stonebwoy “Angel on Earth”

January 29, 2026
Ghana’s Corruption Fight Forcefully Alive – Special Prosecutor Declares

Ghana’s Corruption Fight Forcefully Alive – Special Prosecutor Declares

January 29, 2026
Kissi Agyebeng, Special Prosecutor, Ghana

OSP Generated Returns Far Exceeding its Funding – SP

January 29, 2026
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address