To fully phase out Russian pipeline gas imports after the transit of Russian natural gas through Ukraine ends at the end of 2024, the EU must halt Russian gas transit through the European expansion of TurkStream. Despite efforts by major natural gas consumers like Germany and Italy to diversify away from Russian gas, import risks in Europe remain high due to continued dependence on Russian supplies. Russia still accounts for 15% of the EU’s total gas imports, just behind the U.S. (19%) and ahead of North Africa (14%).
