Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-770-000"
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"en.20110308.32.2-770-000"2
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"Madam President, it is already well known that global hydrocarbon reserves are close to running out. This will be reflected in higher extraction costs, which means exorbitant prices.
Gas produced from alternative sources would have an important role to play in the European energy market. Europe could use it to diversify its energy sources, thereby reducing dependency on third countries. One of the options available may be to exploit Europe’s gas reserves in an unconventional manner. Three oil companies have already obtained a licence to do this in Romania. Gas hydrates, also known as ‘flammable ice’, are in great abundance in the Black Sea. If it is exploited locally, this asset will reduce the EU’s dependency on Russian pipelines.
The biogas market is also one of best developed in Europe. Countries like Romania have the potential to produce biogas, but investment in technology is still required to exploit it."@en1
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