The Group of Seven industrial powers and the EU will ban Russian gas imports on routes where Moscow has cut supplies, the Financial Times reported on Sunday, citing officials involved in the negotiations.
The decision, to be finalised by G7 leaders at a summit in Hiroshima that is starting on Friday, will prevent the resumption of Russian pipeline gas exports on routes to countries such as Poland and Germany, the newspaper said.
It would have no immediate effect but would be highly symbolic.
Europe's purchases of Russian gas went from 40 per cent of total imports to less than 10 per cent in a matter of months after the start of the war in Ukraine. Norway has since become Europe's largest natural gas supplier.
Officials want the break with Russia to remain permanent.
One official told the FT that the move was proposed “to make sure that partners don’t change their mind in a hypothetical future”.
The ban is reportedly being discussed as part of the EU's 11th package of sanctions against Russia.
Media leaks have also indicated that the package may include sanctions against Chinese companies that sell products to Russia that support its war effort in Ukraine.
Moscow cut off gas supplies to Europe last year, blaming maintenance issues and western sanctions.
This was followed by the spectacular sabotage of the Nord Stream 1 and Nord Stream 2 pipelines, which were built by Russia's state-owned Gazprom to send natural gas to Germany.
Denmark, Sweden and Germany are still investigating what happened.
Yet most pipelines, such as the Yamal-Europe Pipeline, remain undamaged.
Russian Deputy Prime Minister Alexander Novak said in December that his country was ready to resume supplies via the Yamal-Europe Pipeline.
The pipeline usually flows westward, but has been mostly reversed since December of 2021 as Poland turned away from buying from Russia in favour of drawing stored gas from Germany.
Warsaw terminated its agreement with Russia in May last year after rejecting Moscow's demand to pay in roubles.
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India cancels school-leaving examinations
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
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What are the regulations?
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Day 1, Dubai Test: At a glance
Moment of the day Sadeera Samarawickrama set pulses racing with his strokeplay on his introduction to Test cricket. It reached a feverish peak when he stepped down the wicket and launched Yasir Shah, who many regard as the world’s leading spinner, back over his head for six. No matter that he was out soon after: it felt as though the future had arrived.
Stat of the day - 5 The last time Sri Lanka played a Test in Dubai – they won here in 2013 – they had four players in their XI who were known as wicketkeepers. This time they have gone one better. Each of Dinesh Chandimal, Kaushal Silva, Samarawickrama, Kusal Mendis, and Niroshan Dickwella – the nominated gloveman here – can keep wicket.
The verdict Sri Lanka want to make history by becoming the first team to beat Pakistan in a full Test series in the UAE. They could not have made a better start, first by winning the toss, then by scoring freely on an easy-paced pitch. The fact Yasir Shah found some turn on Day 1, too, will have interested their own spin bowlers.
