The EU’s energy union strategy needs to place emphasis on Projects of Common Interest (PCI) such as development of LNG stations in southeast Europe, the Southern Gas Corridor, for gas supply from the Caspian and Middle Eastern regions, the vertical route and interconnection projects with Bulgaria, Albania, and Italy, the country’s energy minister Panos Skourletis has told peers at an EU council meeting of energy ministers.
The benefits of energy union need to be spread to less interconnected areas, Skourletis noted, while also stressing natural gas deposits in the east Mediterranean must be utilized.
The Greek energy minister updated his fellow EU energy ministers on local developments concerning the TAP (Trans Adriatic Pipeline) and IGB (Greek-Bulgarian interconnector) projects.
Skourletis also met with the European Commissioner for Climate Action and Energy Miguel Arias Canete on the sidelines of the meeting, discussing the TAP and IGB developments.
Greece’s request for free carbon emission rights in electricity production, as a measure offering support to the recession-struck country, was also discussed by the two officials.
EU member states whose GDP measures less than 60 percent of the EU average are entitled to free CO2 emission rights.