• Natural Gas News

    Croatia could become regional energy hub - senior U.S. official

    old

Summary

Croatia can play a vital role in ensuring regional energy security by diversifying supply options for European countries

by:

Posted in:

Press Notes

Croatia could become regional energy hub - senior U.S. official

Croatia can play a vital role in ensuring regional energy security by diversifying supply options for European countries and allowing them to reduce their dependence on Russian gas, U.S. Assistant Secretary of State Victoria Nuland said.

A prolonged price row between Russia and Ukraine has wider energy implications for Europe, which gets a third of its gas needs from Russia, and almost half of these supplies via Ukraine. Central and southeast Europe could face higher gas prices and potential shortages this winter.

Nuland said the price dispute, Moscow's annexation of Crimea and fighting in eastern Ukraine underlined the energy security threat facing Europe.

MORE