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 09:55 2017 Saturday ,09 December
Liquefied gas proving to be a natural for energy firmsGMT 08:57 2017 Friday ,08 December
Nuclear fusion project faces delay over US budget cutsGMT 18:01 2017 Monday ,20 November
Rosneft fuels foreign policy goalsGMT 09:35 2017 Sunday ,19 November
China to build $1.6 bn aluminium plant in TajikistanGMT 09:49 2017 Saturday ,18 November
Saudi Arabian Basic Industries Cooperation becomes only Arab company on Thomson Reuters Top 100 Global Energy Leaders listGMT 12:37 2017 Thursday ,16 November
US chemical plants must prepare for more HarveyUS chemical plants must prepare for more HarveyGMT 22:18 2017 Friday ,03 November
Carmakers charge toward electric futureGMT 21:59 2017 Friday ,03 November
Rosatom would bid in KSA nuclear plant tenderMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©