The European Union is drawing up contingency plans to guarantee energy security for the 28-nation bloc under all circumstances, its top energy official said Thursday.
"We are considering all the possible risks and all the possible scenarios. We are not only thinking of Russia," EU Commissioner for Climate Action and Energy, Miguel Arias Canete, said in the Latvian capital Riga.
Heavily dependent on Russian natural gas, the EU has faced the possibility of delivery shortfalls amid tensions between Moscow and Ukraine, which hosts pipelines sending Russian supplies to the bloc.
"With the solidarity among the 28 member states of the European Union, we can face any crisis that may come in the future," said Canete following a meeting of EU environment and energy ministers under the auspices of Latvia's six-month stint as EU president.
He added that "no member state" can be dependent upon a single supplier but insisted Brussels was not singling out Russia.
"The Russians will continue to be a very important supplier to the European Union, not only in gas, but also in coal, in oil and in uranium -- but on a market basis," Canete said.
The EU unveiled plans in February for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros ($430 billion).
Energy supplies have not been part of the raft of Western punitive measures against Russia over its role in the Ukraine crisis.
GMT 12:00 2018 Wednesday ,28 November
6th Gulf Intelligence Oman Energy Forum opensGMT 13:32 2018 Thursday ,22 November
Russia's Sovcomflot considers acquiring LNG-fueled shipsGMT 08:21 2018 Monday ,19 November
Russia expects new joint energy projects with VietnamGMT 09:34 2018 Sunday ,18 November
US, Japan, Australia, NZ to bring electricity to Papua New GuineaGMT 13:27 2018 Wednesday ,17 October
Russia ready to revive energy dialogue with European UnionGMT 23:11 2018 Thursday ,11 October
GCC renewable energy discussed in KuwaitGMT 18:00 2018 Thursday ,11 October
Strategic nuclear forces’ drills held in RussiaGMT 10:47 2018 Wednesday ,10 October
Egypt can generate up to 53% of power sources by 2050Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor