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Energy Visions – The dash for gas: energy diplomacy and diversification

Wednesday, September 16, 2015
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The two members of the European Commission responsible for energy policy, Maroš Šefčovič and Miguel Arias Cañete, have been on tour to countries that could supply the EU with gas. From Turkmenistan to Azerbaijan, from Morocco to Egypt, these tours are part of the EU’s diplomatic drive to diversify its energy supplies and reduce its reliance on a handful of countries that include Russia.

Yet diversifying energy supplies will only succeed if the EU can secure gas supplies at competitive prices, if new pipelines are built to bring gas from East to West and if national gas networks are interconnected. It will also depend on having the right infrastructure to handle supplies of liquefied natural gas (LNG). Critics argue that the EU would be better off boosting the use of renewables and improving energy efficiency rather than maintaining a reliance on gas.

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