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EU look to finalise deal over Russian gas exit by 02-Dec. After proposing plans to fully diversify from Russian LNG by 2027 and all Russian gas by 2028, EU legislators are aiming to have a full agreement in place before Christmas. Members of the European Parliament (MEPs) and the EU Council have disagreed on provisions for Central Europe, with the MEPs removing a clause that would have granted more time to landlocked countries to phase-out short-term supply contracts with Russia. This has been a key sticking point in discussions around Russian fossil fuels. Some industry figures have highlighted the need for the Vertical Corridor, which would connect Central and Southeast Europe, giving Central Europe access to LNG import facilities. However, they have also stressed that the driving force of the project would be the US who would need to provide necessary quantities of LNG. Whilst the Russian gas exit could remove the geopolitical risk associated with relying on imports from what many in Europe consider a hostile nation, it also risk becoming strongly reliant on one key producer: the US.