Wednesday, February 21, 2024
 
 

EU Energy Union Chief To Tackle South Stream

- Advertisement -

BRATISLAVA – European Commission Vice-President for Energy Union Maros Sefcovic from Slovakia said the European Union plans to discuss with member states the controversial issues concerning the planned South Stream gas pipeline.

“If you come to such a project like South Stream, I understand that for some member states it’s very sensitive issue, but I think they also respect the fact that in such a huge infrastructural project at first we to respect the European legislation,” Sefcovic told a press conference, responding to a question from New Europe on November 13 at the Tatra Summit investment conference in the Slovak capital.

The EU Commission has been pressuring member states to stop the building of South Stream although many countries support it. “If we’re going to build such a huge infrastructure project in Europe it must respect the Third Energy Package, it must respect the same rules that all energy giants have respected so far, I mean unbundling of infrastructure and corporations and it must actually bring to Europe something positive, something new – it means diversified source of energy. This is the angle from which the European Commission is looking at this issue and this is how we will talk to the member states,” the Vice President said.

He reminded that the discussion started with his predecessor, Commission Vice President Günther Oettinger. Sefcovic said he plans to continue this communication with the energy ministers from these particular countries all within the margin of the next Energy Council in early December. “We’re making this point very, very clear to the Russian side. As they would also understand if such a project would be planned on Russian territory the expectations would be we would have to respect the Russian laws. Expect nothing less in Europe. I want our laws to be respected and I believe that in this particular case in the end we will find the solution which I say could be based only on the respect of European legislation,” Sefcovic said.

Asked by New Europe if Italy still supports South Stream, former Italian prime minister Enrico Letta told a press conference on November 12 at the same venue, “Of course, we still support it”.

Letta elaborated further, telling New Europe on the sidelines that for Italy there are a range of possible investments and oil and gas pipelines. “For us, it’s good South Stream; it’s good TAP [Trans Adriatic Pipeline]. I don’t see limits. What’s important is to diversify and avoid being linked to just one producer,” he said.

Meanwhile, former Hungarian prime minister Gordon Bajnai echoed Letta’s comments, telling New Europe in Bratislava that South Stream is an alternative route but not an alternative source.

The real solution for independence would be also to having alternative sources especially after the recent crisis, he said. “I have been a supporter of South Stream as a part solution but never a full solution,” Bajnai said.

“In a normal situation where there is a calculable, positive cooperation with Russia, it’s good to have two routes – one route which is independent from Ukraine because we had problems with that in the past. But in this tense situation South Stream is not a solution to the fundamental problem which is the source,” Bajnai said.

See also:

EU wants to play energy game as one player

Previously on Energy Insider:

Hungarian Dance: Playing Russia’s Energy Tune Worries US

EU Subsidy Keeps Russian Gas Coming to Ukraine

Gazprom Sees Bigger Role in Austria

- Advertisement -

Subscribe to our newsletter

Co-founder / Director of Energy & Climate Policy and Security at NE Global Media

Latest

Romania sees Black Sea renewable hub, gas production growth

Ambitious projects and cross-border cooperation between the countries in...

Qatar, Kazakhstan to boost economic ties, energy projects

Qatar and Kazakhstan discussed economic cooperation between the two...

Bulgaria, Romania push regional renewable energy projects

Bulgaria is working with its neighbors to boost energy...

Kremlin disinformation efforts in Africa illuminated

The U.S. State Department released a report detailing Kremlin...

Don't miss

Romania sees Black Sea renewable hub, gas production growth

Ambitious projects and cross-border cooperation between the countries in...

Qatar, Kazakhstan to boost economic ties, energy projects

Qatar and Kazakhstan discussed economic cooperation between the two...

Bulgaria, Romania push regional renewable energy projects

Bulgaria is working with its neighbors to boost energy...

Kremlin disinformation efforts in Africa illuminated

The U.S. State Department released a report detailing Kremlin...

EU law banning greenwashing to empower consumers for the green transition

Companies can no longer market their goods using unfounded...

Romania sees Black Sea renewable hub, gas production growth

Ambitious projects and cross-border cooperation between the countries in the region are key in order for the Black Sea to become a renewables energy...

Qatar, Kazakhstan to boost economic ties, energy projects

Qatar and Kazakhstan discussed economic cooperation between the two countries, including energy and signed a number of commercial agreements totaling almost USD 18 billion...

Bulgaria, Romania push regional renewable energy projects

Bulgaria is working with its neighbors to boost energy security and collaborate on joint cross-border projects in natural gas and renewables, according to Bulgaria’s...

Record-high American LNG exports reinforce EU energy security drive

US liquefied natural gas, or LNG, exports reportedly hit monthly and annual record highs in December, positioning the United States to potentially become the...

Viking Link undersea cable to power up UK and Denmark

On December 29, Danish transmission system operator (TSO) Energinet launched the Viking Link, the world’s longest electricity interconnector, establishing a subsea cable connection across...

COP28 focuses on Central Asia’s sustainable future

At COP28, the United Nations Development Program (UNDP) in Kazakhstan organized a Green Projects Pitching Event to spotlight innovative and sustainable initiatives across Central...

COP28 reaches compromise deal to transition away from fossil fuels

The United Nations Climate Change Conference (COP28) closed on December 13 with a compromise deal. Instead of “phase out” or “phase down,” the agreement...

First Ukraine, now Gaza: the impact of war has set us back on climate change

Discussions of man-made global warming are usually based on a 1-degree Celsius rise since 1880 due to the burning of fossil fuels like coal,...