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EU Considers Legal Routes to Exit Long-Term Russian Gas Deals Without Penalties - Novinite.com - Sofia News Agency

EU Considers Legal Routes to Exit Long-Term Russian Gas Deals Without Penalties - Novinite.com - Sofia News Agency
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The European Commission (EC) is reviewing legal mechanisms that would allow European energy companies to exit long-term contracts with Russian suppliers without incurring significant financial penalties. According to three EU officials cited by the Financial Times, the Commission is investigating whether the contracts could be invalidated under “force majeure” provisions—typically used when unforeseen circumstances prevent the fulfillment of contractual obligations.

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