Gas Coordination Group, in the light of explanations given by Gazprom and Naftogaz, studies the measures possibly needed to secure next winter season's supplies

Published: 19 June 2009 y., Friday

Gamtinių dujų saugykla
Due to the rising concerns on a possible disruption of Russian gas supplies to Europe coming through Ukraine, the Commission has chaired a meeting of the Gas Coordination Group to assure a stronger EU coordination and to secure energy supplies to European citizens. After having listened to Gazprom and Naftogaz Ukrainy representatives on their supply and transit prospects for the next winter, the Gas Coordination Group discussed the risks and possible measures in the short and medium term to guarantee energy supplies to all European consumers.

The Commission urged both parties, Gazprom and Naftogaz, to reach a stable and long-term arrangement to secure transit towards the EU. The European Commission emphasized that all parties should fulfil their legal and contractual obligations as far as transit to EU is concerned.

The possibility of a new gas shortage in summer calls for an in-depth investigation of its impact on the next winter, as this will affect the preparedness of the EU shippers to supply their customers. Member States, national regulators and the European organisations representing the gas industry and the consumers gave their own assessment of the likely impact on their situation.

The Commission is to examine a more detailed level of preparedness of the authorities and the natural gas undertakings at a forthcoming meeting of the Gas Coordination Group to be held on 2 July 2009.

Background

The Gas Coordination Group was created in 2006 according to Directive 2004/67 relating to measures that guarantee security of natural gas supply. Chaired by the European Commission, it is composed of gas competent representatives of Member States, the European organisations of the gas sector and consumers. The Group meets regularly (at least 4 times per year) to exchange information and to develop both short and long term concrete measures which reinforce the security of gas supply to the EU.

Directive 2004/67 sets out a three step approach in case of supply crisis: the industry takes the necessary measures; if these are not adequate to mitigate the crisis, national measures are activated; if still not adequate and if the crisis reaches the major supply disruption indicator (20% of all imports are missing) the Community mechanism is activated: the Gas coordination Group is convened to discuss what further steps can be taken and to assist the Member States in difficulty. The Group can then propose further measures to the Council.

The Commission in its Communication adopted on 13 November 2008 together with the Strategic Energy Review proposes the revision of the directive to strengthen the measures for a more effective action in case of gas crisis. The January 2009 gas crisis showed that a more coordinated approach is needed on European level to provide stable and secure energy supply to European citizens. Therefore, the Commission suggests the elaboration of emergency plans to be activated automatically in case of the occurrence of supply disruption of a certain importance. A joint approach of these emergency plans is of great importance to ensure mutually supportive measures. The Commission is preparing new measures on security of gas supply to be proposed for adoption by the Council and the Parliament before the end of this summer.

Šaltinis: europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EBRD and CIB Bank boost financing to businesses in Hungary

The EBRD is increasing the availability of financing to the real economy in Hungary, with a €50 million credit line to CIB Bank, including at least €10 million equivalent denominated in Hungarian Forint. more »

Bank SNORAS deposit portfolio exceeded LTL 5 billion

At the end of March 2010, AB Bank SNORAS deposit portfolio exceeded LTL 5 billion, of which over LTL 3 billion are household deposits. more »

Outstanding Development Results Gain Vietnam Additional Support

In affirmation of Vietnam’s remarkable progress towards Middle Income Country status, the World Bank Board of Directors today approved a second loan for Vietnam from the International Bank of Reconstruction and Development (IBRD). more »

World Bank Loan to Help Improve Efficiency of the Croatian Justice System

The World Bank today approved a EUR26 million loan to the Republic of Croatia aimed at further improving the efficiency of Croatia’s justice system − a necessary process in Croatia’s path towards successful European Union accession. more »

ACP-EU Assembly calls for support to banana producers and strengthening of sanctions against Madagascar

The ACP-EU Joint Parliamentary Assembly asked the European Commission to help EU and ACP banana producers adapt to the new EU-Latin America trade agreement, which is expected to put an end to fifteen years of “banana wars” between the two continents, but has raised concerns for the livelihood of some regions' producers. more »

“Africa’s Golden Moment Has Come,” Says World Bank Vice President for Africa

As seventeen of Africa’s 53 nations celebrate 50 years of independence in 2010, Africa’s “golden moment has come” and investors around the globe must look to the continent often painted only as risk-prone if they are to capitalize on business opportunities. more »

The approval of AB Bank SNORAS profit distribution

During the ordinary general shareholders’ meeting of AB Bank SNORAS, which took place on 31st March 2010, the bank’s profit distribution was approved. more »

Out of the crisis: a "real" economy and world governance system

The EU is the world's largest economy, with enough international clout to return to "real capitalism" rather than resign itself to an alien "financial capitalism", concluded MEPs and experts at a public hearing held on Thursday by Parliament's special committee on the crisis. more »

Giancarlo Scottà on food quality and country origin labels

Food quality and labelling are likely to be key issues when the Common Agriculture Policy is overhauled in the coming years. more »

EIB supports Russia’s power generation sector with EUR 250 million to contribute to energy efficiency and emission reduction

The European Investment Bank (EIB) is lending EUR 250 million to Russian company Enel OGK-5 to finance the upgrading of a gas fired power plant located in Nevinnomyssk, South Russia. more »