ENERGY: EU LEADS THE WAY TO SINGLE EUROMED MARKET ***
(ANSAmed) - BRUSSELS, DECEMBER 12 - The European Union is a
growing energy market, reliable and attractive, while the
Maghreb has enormous energy potential which still has not been
exploited.
These seem to be the conditions for a marriage which the EU
hurriedly wants to celebrate, hoping that the Mediterranean
partners will not want to prolong the engagement period. The
content of the agreement will be established by the energy
ministers of Euro-Mediterranean countries who will meet on
December 17 in Limassol (Cyprus) to outline the route to a
single energy market.
Introduction of common regulations, interconnecting all
countries in the Euro-Mediterranean area and using the resources
of the South Mediterranean thanks to the experience of the North
is the only task announced to date by the EU, which has drafted
the final document but now needs the approval of its
Mediterranean partners.
For the period 2008-2013, the EU has set three objectives:
harmonisation of the policies and aiming at integration of the
markets, promoting sustainable development and developing
infrastructure of common interest.
In particular, the action must be focused on speeding up
reforms in the South Mediterranean in order to push markets
towards convergence, monitoring progress and collecting data on
the progress of action in a database available to everyone,
removing trade barriers and paving the way to agreements between
the individual countries (without necessarily respecting a
single approach).
Moreover, in the document, which will be presented to the
partners on December 17, the EU proposes to open the doors to
Libya, inviting it among those which want to make their
resources, infrastructure and knowledge available, "in
accordance with Libyàs relations with other Mediterranean
countries".
According to Brussels, the future lies in the closer
collaboration with Maghreb and Mashrek countries, rich in wind
and sun and therefore particularly suitable for the development
and use of clean energy, if provided by the appropriate means.
"Oil prices have hit record highs, Global demand for
hydrocarbons is increasing - by more than 50% by 2030, becoming
increasingly unsustainable and domestic reserves in Europe are
dwindling," EU Energy Commissioner Andris Piebalgs said.
Piebalgs, speaking at the Mediterranean Energy Observatory
(OME) General Assembly meeting in Brussels two days ago, said
that it is of common interest for the two coasts of the
Mediterranean to tighten relations and create a single market
which will bring development in South Mediterranean countries
and solve the energy supply problem of the EU. The EU is
focusing on projects including the trans-Saharan gas pipeline
(TSGP), which will connect Nigeria, Algeria, Spain and Italy,
and those which will unite Turkey, Greece and Italy, Maghreb and
Europe, and then the electricity links between Tunisia and
Italy, Spain and Morocco, Israel and Turkey, as well as between
Algeria, Spain and Italy. (ANSAmed).
2007-12-12 18:12