Meeting Announcement: High-Level Roundtable on EU Gas Imports

The Brussels Energy Club is pleased to announce the following high-level expert-practitioner roundtable session:

"EU gas import mid-term outlook –

The impact of sanctions and the phasing out of Russian gas"

This high-level expert-level meeting will take place in person on Thursday, 11 December 2025, from 10.30 am – 5 pm, at TUSIAD, Avenue des Gaulois, 13, Brussels 1040, including a networking lunch.

Security of the European gas supply is deeply entrenched into the DNA of the Brussels Energy Club. The Club was founded in 2012 on the basis of high level speakers from Russia, Norway, Algeria, Azerbaijan, Turkey, Ukraine and other gas producing and transiting countries engaging in frank and open discussions with the Brussels bubble.

Multiple experts on European and international gas markets will provide their assessment and outlook on the EU gas markets.

Background

This one-day-long roundtable event will take a serious look at the EU’s mid-term strategy for developing the gas market while phasing out Russian gas imports by the end of 2027. The meeting will aim to evaluate the topic within the context of assessing the legal, economic, and geopolitical factors which may have an impact on achieving this goal. Participants will examine how the EU can secure affordable and stable gas supplies while avoiding the establishment of new dependencies or strategic vulnerabilities.

The discussion will evaluate the role of sanctions on Russia and the impact this is having on European energy markets. We will hear from an array of experts and practitioners as to where the EU is taking us in terms of gas supply security, in light of prevailing security challenges which confront the whole of Europe. We will also hear a perspective on this subject from independent Russian energy experts, delve into the future prospects for Gazprom to continue a relationship with European gas customers, and assess Gazprom’s own diversification outlook towards Asia and further afield. The role of alternative gas suppliers and the global LNG trade will also be touched upon.

Please join us on 11 December in Brussels, in what promises to be another remarkable meeting in energy debating tradition, which the Brussels Energy Club has established in this town well over a decade ago.

Format

Frank and in-depth off-the-record, open and interactive discussion moderated by the Brussels Energy Club. Mixed level of participants: high-level energy experts, senior representatives of gas-exporting countries, senior representatives of European companies importing gas into the EU, senior officials from the EU institutions, current and former, representatives from gas transiting countries. It is envisaged that most participants in the round table will participate in the discussion.

Draft Agenda

Morning sessions:

1. The European perspective

• Europe’s uneasy relationship with Russia - The EU’s response to Russia’s gas export policies: context of the supply cuts in 2006, 2009, 2014, and 2022

• The EU October 2025 Summit – an agreement to phase out all Russian gas imports by 2027?

• Evaluating the Commission’s plan to end Russian gas supplies to Europe and building a new gas export strategy

• Alignment between Brussels and the Member States on a European gas imports strategy

• Framing the core dilemma: How can the EU secure affordable gas without creating new strategic vulnerabilities?

• What if: the end of the war in Ukraine – a European take

• How bullish should we be about the future of gas in the global context and where does Europe stand?

2. The European focus on alternative gas suppliers and prospects for diversification

• An outlook on core suppliers: Norway, Algeria, Russia, Qatar, USA

• An outlook on alternative suppliers: Azerbaijan, Turkmenistan, East Med suppliers

• Firming up on the Southern Gas Corridor in light of the Russian gas phase-out

• How is the EU’s diversification of supply strategy transforming global gas trade routes and influence?

• The cost of LNG versus pipeline gas – the real economics behind investment decision making

• Forecasted LNG boom (250 bcm by 2030): Price moderation or volatility?

• Infrastructure readiness: Can terminals handle new volumes efficiently?

A hearty and healthy pre-Christmas luncheon with quality networking

Afternoon sessions:

3. The impact of sanctions and likely market behaviour

• Evaluating the EU’s 19th sanctions package on Russian gas supplies: can states control markets?

• What has been the key impact of sanctions on Russian gas supply to Europe?

• Is there a correlation between the impact of sanctions and the price of gas in Europe?

• Do we need sanctions in order to phase out Russian gas – the impact of voluntary import reduction and other national responses

• Prospects for Russian gas rebound - avoiding backdoor re-exports and swap-based circumventions

• Trading Russian gas in Europe – perspectives from the trading community

• How does the European gas industry see the new evolution developing?

• The role of Ukraine in future EU gas market evolution

4. The Russian perspective: What’s on the mind of Gazprom?

• How is Gazprom adapting to the loss of market share in Europe and the EU’s policies to phase out Russian gas?

• Prospects for Gazprom to recalibrate its gas supply relationship with Europe – existing long-term supply agreements with European consumers

• And what about Russian LNG deliveries to Europe?

• What if: the end of the war in Ukraine – a Russian take

• A role for the South Stream gas pipeline in evolving European gas supply equations

• Gazprom’s supply partnership with Turkey and the Balkans

• China, Japan and Gazprom’s outlook for the new Asian markets

5. Closing Round: Europe’s gas supply security in a fast-moving international context

• A wider-energy market outlook: Should we be talking this much about gas?

• What strategic risks persist in Europe’s energy transition?

• How can the EU balance short-term gas needs with long-term decarbonization objectives?

• Alternative suppliers and alternative fuels: is Europe’s future sustainable and renewable?

Speaker information

Session contributors include:

Dr Katja Yafimava

Senior Research Fellow, Oxford Institute of Energy Studies

Ana Stanic

Director and founder, E&A Law, London

Brussels Energy Club Advisory Board Member

Steven Travers

Region Director, GaffneyClineTM energy advisory, Baker Hughes

Valerijus Ostrovskis

Managing Partner, ACQUIS

John Roberts

Caspian Energy Analyst, METHINKS UK

Samuel Furfari

Professor of Energy and Geopolitics, VUB, former-European Commission, DG Energy

Christian Cleutinx

Brussels Energy Club Advisory Board Member and former Director General, European Commission, EURATOM Supply Agency

Giles Dickson

CEO of WindEurope

Dr Marat Terterov

Co-founder and Advisory Board Chair, Brussels Energy Club

Further information and participation

Registration is required for participation in this meeting.

Participation in this meeting is free for members and guests of the Brussels Energy Club. A fee may apply to non-members.

Please contact us at info@brusselsenergyclub.org for more information about this meeting.

The meeting may be recorded and, at a later stage, appear on the Brussels Energy Club YouTube channel. We reserve the right to quote participants in our subsequent publications, with the permission of the speakers.