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11/10/08

AFP: EU must improve energy security: says EC report

For the complete report from the AFP click on this link

EU must improve energy securit says EC report

The European Union must improve the security of its energy supplies with offshore wind turbines and gas pipelines to the Caspian region, according to a European Commission report. The 27-nation EU currently meets 54 percent of its energy needs with imports and its dependence on foreign sources has no chance of changing any time soon, according to a report the commission is to publish on Thursday.The report, obtained by AFP, singled out the EU's dependence on foreign gas as a particular cause of concern, with 61 percent of supplies coming from outside the bloc. Although the EU has a diverse range of gas suppliers including Russia, Norway, Algeria and other countries, some member states are particularly dependent on one supplier, as is the case with the Baltic countries and Russia.

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