EU moves to reduce energy dependency on Russia

21st March 2014, Comments 0 comments

European Union leaders agreed Friday to step up moves to cut energy dependency, notably on Russia, after events in Ukraine.

EU Council president Herman Van Rompuy said the bloc's 28 leaders had agreed at a two-day summit to outline an energy security framework at their next top-level meeting in June.

"Reducing our energy dependency, especially in relation to Russia, was a key topic" at the summit talks, Van Rompuy said at a news conference.

"If we dont take action now, by 2035 we will be dependent for 80 percent of oil and gas," he said.

Among measures to be taken will be the diversification of energy sources by promoting indigenous sources including renewables and nuclear energy and improving interconnections both across the bloc and with third countries.

© 2014 AFP

0 Comments To This Article