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EU to foster int''l energy cooperation.

BRUSSELS, Sept 7 (KUNA) - The European Commission on Wednesday adopted a

strategy to secure energy supply and boost international energy cooperation.

EU Commissioner for energy Guenther Oettinger told a press conference that

the EU imports some 60 percent of its natural gas and 80 percent of its oil

from third countries.

"I think it's perfectly clear the success of energy policy depended upon a

successful common external energy policy" he said.

The EU official noted that the idea behind the strategy is to speak with

one single voice on energy policy and the Europeanization of external energy


National decisions and agreements with third countries have a significant

impact on the development of energy infrastructure and energy supply to the EU

as a whole, he noted.

"Member states will be required to inform us on existing agreements and

also agreements which are on the course of negotiation for practical purposes.

That's means that the Commission will be aware of what's going on before

negotiations starts and how negotiations are going," he added.

The strategy lists 43 concrete actions which include a new partnership on

renewable energy projects with the Southern Mediterranean countries.

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Publication:Kuwait News Agency (KUNA)
Date:Sep 7, 2011
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