Tuesday

23rd May 2017

EU draws up Adriatic gas plan after Russia-Ukraine fiasco

The EU might build a new gas pipeline on the Adriatic Sea coast in order to ease reliance on Russia following the Russia-Ukraine gas dispute.

Hungarian economics minister Janos Koka told news wires about the plan following a meeting of EU energy experts in Brussels on Wednesday (4 December).

Dear EUobserver reader

Subscribe now for unrestricted access to EUobserver.

Sign up for 30 days' free trial, no obligation. Full subscription only 15 € / month or 150 € / year.

  1. Unlimited access on desktop and mobile
  2. All premium articles, analysis, commentary and investigations
  3. EUobserver archives

EUobserver is the only independent news media covering EU affairs in Brussels and all 28 member states.

♡ We value your support.

If you already have an account click here to login.

Under the scheme, tankers would deliver liquid gas from the Middle East and North Africa to an Adriatic region entry point into Europe.

A feasibility study is due by March.

The EU experts' meeting was orginally tabled for May, but was brought forward after Russia turned off gas supplies to transit state Ukraine on Sunday causing sharp drops in deliveries to the EU.

Moscow and Kiev struck a price deal in the small hours of Wednesday morning, but some EU politicians are sceptical if the accord will hold.

The EU currently relies on Russia for around 25 percent of its gas consumption.

"We have to draw consequences from what happened, not just on gas but also regarding oil and electricity", Austrian ecnomics minister Martin Bartenstein said according to PAP and IHT.

"Dependency on Russia should be reduced", he added.

The EU energy group also asked the European Commission to produce a green paper on energy policy coordination in time for the Austrian presidency's first summit in March.

The paper is likely to focus on uniform counting methods for member states' gas reserves, concerted action on new supply routes, such as the Turkish 'Nabucco' pipeline, nuclear and renewable energy and energy conservation.

Polish daily Rzeczpospolita reports that all member states agreed on Wednesday to tackle energy at EU level, including previous opponents of the idea such as the UK.

"Europe needs a clear and more collective policy on the security of our energy supply," EU energy commisssioner Andris Piebalgs indicated.

The Austrian presidency stressed that Russia has been a "reliable" EU energy partner for over 40 years.

But signs of concern also came from Berlin, with a German government spokesman telling media that energy will be a big topic when chancellor Angela Merkel visits Moscow on 16 January.

Portugal held up as symbol of EU recovery

Portugal to sail out of troubled waters after eight years of financial crisis, EU commission predicted, amid broad but "fragile" recovery in European economy.

Trade deal ratification needs member states, EU court says

The EU Court of Justice has ruled that the Singapore trade deal needs member states' ratification in its current form. It said that only investments do not belong under the EU's sole competence, potentially removing Brexit complications.

Stakeholders' Highlights

  1. UNICEFChild Alert on Myanmar: Fruits of Rapid Development yet to Reach Remote Regions
  2. Nordic Council of MinistersBecome an Explorer - 'Traces of Nordic' Seeking Storytellers Around the World
  3. Malta EU 2017Closer Cooperation and Reinforced Solidarity to Ensure Security of Gas Supply
  4. European Healthy Lifestyle AllianceHigh-Intensity Interval Training Is Therapeutic Option for Type 2 Diabetes
  5. Dialogue Platform"The West Must Help Turkey Return to a Democratic Path" a Call by Fethullah Gulen
  6. ILGA-EuropeRainbow Europe 2017 Is Live - Which Countries Are Leading on LGBTI Equality?
  7. Centre Maurits CoppietersWhen You Invest in a Refugee Woman You Help the Whole Community
  8. Eurogroup for AnimalsECJ Ruling: Member States Given No Say on Wildlife Protection In Trade
  9. European Heart NetworkCall for Urgent Adoption of EU-Wide Nutrient Profiles for Nutrition & Health Claims
  10. Counter BalanceInvestment Plan for Europe More Climate Friendly but European Parliament Shows Little Ambition
  11. Mission of China to the EUPresident Xi: China's Belt and Road Initiative Benefits People Around the World
  12. Malta EU 2017EU Strengthens Control of the Acquisition and Possession of Firearms