Cyprus will be able to supply natural gas to Europe not earlier than 2022 // CYPRUS.KP.RU Komsomolskaya Pravda in Cyprus

European flag outside the Commission

European flag outside the Commission (Photo credit: Wikipedia)

Pravda, Russia’s leading newspaper challenges the effectiveness of the European Commission’s energy strategy. Although Cyprus has substantial offshore natural gas, it argues that it will not reach Europe until earliest 2022. This short article is worth a read.

via Cyprus will be able to supply natural gas to Europe not earlier than 2022 // CYPRUS.KP.RU Komsomolskaya Pravda in Cyprus.

As an expert in strategic change, I am increasingly alarmed at the absence of robust, risk-assessed and integrated strategy at the European Commission (EC). Without  effective strategy, EC policy decisions often waste vast amounts of funds on short-term political decisions.

In my view, the EC Energy Directorate is long on green issues and compliance but very short on policy and strategy.

Any thoughts on priorities for the new EC, Energy Commissioner, Miguel Arias Canete?

 

 

Potential new gas axis between Bulgaria, Greece and Israel – Natural Gas Europe


Press room of the European Commission inside t...

Press room of the European Commission inside the Berlaymont building, Brussels. Taken on EU open day 2007. (Photo credit: Wikipedia)

This is an interesting article from Natural Gas Europe. Check it out!

via Potential new gas axis between Bulgaria, Greece and Israel.

Being resident in Cyprus, I am keenly interested in how Cyprus is going to leverage her offshore gas and oil reserves. With offshore gas fields adjacent to those of Israel, latest thinking is for a pipeline to Europe linking Greece and Israel via Cyprus.

With Southern Europe savaged by excessive austerity, there is an excellent opportunity for the European Commission to step in and facilitate investment in the infrastructure.

Sadly, as highlighted many times on this blog, the European Commission is pre-occupied with green issues and compliance, rather than leading an effective energy strategy.

Thoughts?