The EU’s energy regulator has warned the bloc still needs to import Russian liquefied natural gas to avoid an energy shock, even as a group of member states seeks to ban purchases of the fuel from Moscow.
Acer, the bloc’s energy watchdog, on Friday said efforts to curb Europe’s record imports of Russian LNG “should be approached with caution” because the supply of pipeline gas from the country is set to fall at the end of the year.
“The reduction of Russian LNG imports should be considered in gradual steps,” Acer said in a report that highlighted the difficulty for the EU of balancing energy security with the drive to hit Russia’s finances by cutting gas purchases.
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