The EU’s phase-out of Russian gas is not guaranteed

Significance This is the trajectory followed by the majority of member states. However, blockages remain in east-central Europe, where Turkey could play a role in maintaining direct or indirect Russian gas imports to Moscow-leaning countries in the region. Impacts The commitment of Hungary and Slovakia to the Vertical Gas Corridor project is uncertain, given their pro-Russian leaderships. Turkey sees its diversified gas import slate as an opportunity to increase its role as a regional gas hub when Ukrainian transits end. US LNG exporters are placed to be the primary beneficiaries should EU countries start to shun Russian LNG exports.