Showing posts with label Council of Europe. Show all posts
Showing posts with label Council of Europe. Show all posts

Saturday, June 29, 2013

Romania warns of independent energy policy after Nabucco failure

By Daniel Stroe – Bucharest
- The Romanian President Traian Basescu today pointed out he had informed the European Council that Romania will redefine its energy policy based on its own resources and without awaiting anybody’s approval, two days after the failure of the EU-backed Nabucco project which Romania was part of.

Basescu made these statements in a press conference at the end of the European Council in Brussels. “Without going into details, the option now without any doubt is Romania being forced to accelerate the evaluation process and move to exploiting the shale gas and the gas and oil already confirmed in the Black Sea” he said.

EL News