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Europe feeling better about its gas future

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Europe feeling better about its gas future

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The European Union says it has taken on board the need to diversify its energy sources. But it was confirmed after an emergency meeting in Brussels that Russia would remain a key gas supplier.A quarter of the EU-25’s imported gas is Russian.

Austrian Economy Minister Martin Bartenstein said the EU must reduce its energy dependence:“We have to think about energy supply security in general, gas supply security not only today but also in the future. We have to learn the lessons (from the Russia-Ukraine crisis).“Energy efficiency is being promoted, as is producing more from renewable sources, and investing in the electricity grid and other infrastructure.

Renewed stress was placed on the bloc diversifying the networks that bring it gas. The EU is hopeful of starting up the new Nabucco pipeline, to bring gas from the Middle East and Central Asia via Turkey to Austria by 2011. This is an endeavour stretching more than 3,000 kilometres.

In the meantime, Europe’s relations with Algeria are being boosted.Major agreements have been signed recently to supply Europe with Algerian gas through many thousand of kilometres of pipes as well.Shipped gas in liquid form is also considered important for the EU’s future energy mix.

Nuclear power may get a boost, too. Germany and Britain are re-thinking strategy there.meeting of Piebalgs and pals Europe is feeling better about its gas future.

The European Union says it has taken on board the need to diversify its energy sources.

But, although Moscow’s reliability had been called into question, it was confirmed after an emergency meeting in Brussels that Russia would remain a key gas supplier.

A quarter of the EU-25’s imported gas is Russian.

Austrian Economy Minister Martin Bartenstein said the EU must reduce its energy dependence:

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“We have to think about energy supply security in general, gas supply security not only today but also in the future. We have to learn the lessons (from that crisis).”

35 pipelaying

Energy efficiency is being promoted, as is producing more from renewable sources, and investing in the electricity grid and other infrastructure.

Renewed stress was placed on the bloc’s diversifying the network of pipelines that bring it gas.

46 gfk Nabucco
The EU is hopeful of starting up the new Nabucco pipeline, to bring gas from the Middle East and Central Asia via Turkey to Austria by 2011. This is an endeavour stretching more than 3,000 kilometres.

58 Algerian gas
In the meantime, Europe’s relations with Algeria are being boosted.

Major agreements have been signed recently to supply Europe with Algerian gas through many thousand of kilometres of pipes as well.