Energy security

FMs of 5 Countries Sign Declaration on Energy Cooperation in Budapest

The foreign ministers of Hungary, Greece, Macedonia, Serbia and Turkey signed on Tuesday a joint declaration on strengthening energy cooperation in Central and Southeastern Europe.

The meeting, which had been initiated by the Hungarian foreign ministry, was held in Budapest and focused on the future energy supply in the region, Hungary Daily reports.

Study: Bulgaria to be Most Heavily Affected by New Ukraine Gas Crisis

In the event that a new Ukrainian gas crisis of a scale similar to the 2009 one is to occur, Bulgaria will be the most heavily affected EU state.

This is shown by a study, which notes the EU's improved capacity to deal with such disruptions, with only Bulgaria being incapable of substituting imports during a shorty supply interruption.

Gas roadmap: Joint statement by Central SE Gas Group, including Greece

Representatives of Austria, Bulgaria, Croatia, Greece, Hungary, Italy, Romania, Slovenia and Slovakia as well as European Commission Vice-President for Energy Union Maroš Šefčovič and Commissioner for Climate Action & Energy Miguel Arias Cañete held the first meeting of the Central East South Europe Gas Connectivity (CESEC) High Level Group in Sofia on Monday.

Bulgarian President: EU Energy Union to Deepen Integration

Bulgarian President Rosen Plevneliev said on Monday that the establishment of an EU Energy Union will bring the level of European political and economic integration to a new level.

Plevneliev stated this during his meeting with European Commission's Vice-President Maros Sefcovic and Energy Commissioner Miguel Arias Canete, the presidential press service reports.

Time to act on energy security, Biden tells EU in Istanbul

U.S. Vice President Joe Biden on Nov. 22 told Europe it was time to act on improving its energy security, warning of Russia's "track record" in using energy supplies as a weapon.

Speaking at an Atlantic Council meeting in Istanbul, Biden said Europe needed to step up efforts to "ensure diversification" away from Russian oil and gas imports.

Romania must become energy producer in Black Sea region

Romania has extraordinary local energy resources and that is why it is very important that it should no longer remain merely a transit country in the Black Sea region, but it should also become an energy producer, the Energy Department director general Elena Popescu told an international specialised conference on Thursday.

EU, Russia, Ukraine to Discuss Gas Supplies to Europe

Russia and Ukraine are holding EU-brokered gas consultations in Berlin on Friday.

The meeting between the Russian and Ukrainian energy ministers Alexander Novak and Yuri Prodan and EU's outgoing energy commissioner Guenther Oettinger comes more than three months after Moscow cut off gas supplies to Kiev.