Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-12-11-Speech-2-337"
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"en.20071211.38.2-337"2
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"The Commission pays great attention to the security of supply situation in south-east Europe. This was among the main objectives in setting up an Energy Community, which is based on EU legislation, for the internal gas and electricity markets, and in particular its provisions on security of energy supply and solidarity.
South-east Europe is at the crossroads of several main energy routes. Several countries of the region produce gas. I would mention Croatia and Romania. New LNG terminals on the Adriatic coast and the new gas and electricity interconnectors linking to the different energy sources were recently put into service or are at an advanced phase of development.
However, for certain countries there is a significant share of natural gas from one provider for the industrial sector, for heating and also for power generation.
In the framework of the Energy Community Treaty, with the support of EU financial instruments and the international financial institutions, the Commission promotes the development of an integrated market in the region, anchored to the EU market.
But this means that the development of gas and electricity trade in the region, the development of new interconnection and generation projects and the setting up of a stable regulatory framework will considerably enhance security of supply.
Moreover, new gas sources will allow the development of the gas sector in those countries where it does not exist yet. There is also a very clear focus on energy efficiency. In order to strengthen energy security, the Commission favours the policy of diversification of suppliers and of transport routes. In particular, it strongly supports the development of the Nabucco project and other gas projects and LNG developments in the region, as well as well-grounded oil projects aimed at achieving the diversification objective.
The Commission also considers that Russia will in the future remain an important energy source for south-east Europe but alongside other sources from the Mediterranean Basin and the Caspian Sea region."@en1
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