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1/28/06

Oil & Gas Journal - EU, France seek integrated energy policy

Oil & Gas Journal

EU, France seek integrated energy policy

PARIS, Jan. 26 -- The European Union is seeking an integrated, efficient energy policy that would improve its ability to manage growing dependence on non-EU energy supplies.

At a meeting of 25 EU finance ministers in Brussels Jan. 24, Austrian Energy Minister Martin Bartenstein said he would focus on energy during his country's 6-month presidency of the EU. Next spring the energy ministers will meet to pursue a "sure, sustainable, and competitive energy policy."French Economic and Finance Minister Thierry Breton presented a memorandum promoting energy conservation, long-term investment visibility and planning, and improved communication with the EU's energy suppliers. The memorandum encourages the EU to seek international partnerships in exploration, production, and refining.

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