Fifteen EU and Energy Community countries in Central Eastern Europe and Southeastern Europe agreed on Friday to join forces to speed up the creation of missing gas infrastructure links, the European Commission said.
Most of those countries do not have access to a diversified gas supply mainly due to missing infrastructure links to alternative gas sources or long-term supply contracts to a single supplier. Other problems are the lack of competition in the region’s energy markets and the inefficient use of interconnections.
The crisis in Ukraine and Russia’s decision to cancel the Gazprom-led South Stream project have alarmed countries in Central …read more
Source: Novinite