Common energy policy profits from gas dispute

The business paper Világgazdaság writes that the EU common energy policy has been the main benefactor of the Russian-Ukrainian gas dispute: "The outlines of Europe's answer to the gas crisis can already be discerned. On the one hand the EU seeks to diversify its gas sources. The planned Nabucco pipeline is the best example of this. On the other Europe must strive to create more supply channels, or pipelines, for natural gas. This enhances the importance of the planned South Stream and North Stream pipelines that are to pump Russian gas to Europe in future. In addition Brussels plans to interconnect Europe's gas networks and convince those EU states that are particularly dependent on Russian gas to set up reservoirs for the storage of gas reserves. ... It is generally acknowledged that Europe's most important achievements have come in the wake of crises. Let us hope that it won't be any different as regards the present crises."

» full article (external link, Hungarian)
More from the press review on the subject » Energy, » Europe
All available articles from » György Fóris

» To the complete press review of Tuesday, January 27, 2009