Arab Today, arab today eu \needs energy union to safeguard industry\
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

EU \'needs energy union to safeguard industry\'

Arab Today, arab today

Arab Today, arab today EU \'needs energy union to safeguard industry\'

Warsaw - AFP

Europe needs an energy union to safeguard its independence and competitiveness, a top EU official said on Friday as the threat of a Russian gas cut hung over some member states. "We need a European Energy Union to regain our energy independence and security, as well as our industrial competitiveness," Michel Barnier, European Commissioner for Internal Market and Services and Industry told delegates to a banking symposium in Warsaw. He echoed Polish Prime Minister Donald Tusk who in April urged the 28-member EU to come up with a blanket energy strategy to mitigate the threat of Russia cutting gas supplies via Ukraine. Moscow has threatened to cut off supplies to Ukraine from June 3 after switching to up-front payments because Kiev has amassed a gas debt of $3.5 billion (2.6 billion euros). Nearly 15 percent of all gas consumed in the EU is delivered from Russia via Ukraine and Brussels fears that a cutoff could lead to disruptions in supplies to the EU. Central European leaders vowed this week to forge a gas solidarity mechanism aimed at counteracting supply cuts from Russia.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu \needs energy union to safeguard industry\ Arab Today, arab today eu \needs energy union to safeguard industry\

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu \needs energy union to safeguard industry\ Arab Today, arab today eu \needs energy union to safeguard industry\

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday