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Baltic countries agree to boost energy ties
Published in Saudi Press Agency on 17 - 06 - 2009


Eight countries from around the Baltic
Sea today agreed to link up their energy markets in a bid to make
them less dependent on outside suppliers such as Russia, according to dpa.
The prime ministers of European Union member states Denmark,
Estonia, Finland, Germany, Lithuania, Latvia, Sweden and Poland
signed an agreement launching a series of projects at a dinner in
Brussels with the head of the EU's executive, Jose Manuel Barroso, a
statement from the European Commission said.
The EU is keen to make its energy markets more competitive and
secure by increasing links between member states. That is especially
true in the Baltic region, where Estonia, Latvia and Lithuania have
almost no electricity or gas ties to the West.
The agreement signed on Wednesday launches a series of projects to
improve energy links in three main areas: between the Nordic states;
from the Baltic states to Sweden, Finland and Poland; and between
Poland and Germany.
It also calls for more efforts to build alternative natural-gas
supplies, especially liquefied natural-gas terminals, which do not
rely on gas from a single source.
The question of energy security has climbed to the top of the EU's
agenda since January, when a row between Russia and Ukraine over gas
bills led to large-scale supply cuts across much of Europe.
On Thursday, EU gas experts are set to hold talks with the gas
monopolies of Ukraine and Russia, amid fears that Ukraine might be
about to default on further bills, sparking a new crisis.
EU leaders are due to debate the issue at a summit in Brussels on
Friday.


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