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Sanctions

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Brussels Confirms the Russian Gas Ban Is Permanent — What CIS Traders and Their Gulf Counterparties

Energy Commissioner Jorgensen's remarks to a Hungarian outlet close the door on a peace-deal reprieve. The compliance consequences land squarely on trading desks from Almaty to Dub

Vitesse:

Alexei Morozov
· 5 min read
The Berlaymont building, seat of the European Commission, located in Brussels · Photo: EmDee / Wikimedia Commons (CC BY-SA 4.0)

Energy Commissioner Dan Jorgensen told Hungary's 444.hu this weekend that the EU will not reverse its full Russian gas ban — scheduled to bite in November 2027 — even if a Ukraine peace agreement is signed. That single sentence, reported by TASS on 27 October, converts what many trading desks were still treating as a politically contingent regime into a permanent architectural fact of European energy law.

The calendar is now fixed. Short-term LNG contracts have been prohibited since April 2026.…

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