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Home arrow newsitems arrow EIB Chief Hoyer to EuroFora on EU Investments : Cyprus/Greece/Israel/Egypt Gas link to EU= Strategic

EIB Chief Hoyer to EuroFora on EU Investments : Cyprus/Greece/Israel/Egypt Gas link to EU= Strategic

Written by ACM
Wednesday, 26 November 2014

*Strasbourg/EU Parliament/Angelo Marcopolo/- Speaking to "EuroFora" just after new EU Commission President Juncker's 315 Billions 2015-2017 Investments Plan was presented at EU Parliament in Strasbourg, (Comp. f.ex. : ....), the experienced European Investments Bank (EIB) Head, former EU Affairs Minister, Werner Hoyer from Germany, confirmed that Cyprus-Greece-Egypt-Israel plans to transport Directly Gas Findings' Energy towards the EU correspond well to the kind of attractive, Strategic Projects for Growth which are in EU's Interest and could be Funded by that New Mega-Investments Plan of the EU in the imediately forthcoming Years, and announced his intention to Visit anew the Island on December 2014.  

- "You spoke about "Attractive" Projects, particularly about key "Infrastructures", which should include "Innovation", as f.ex. in "Energy" or "Digital" areas, etc.. One such interesting project appears to be the Transport of New Gas Findings, via Liquefication, by Sea Ships, and/or by Tranforming Gas to Electricity transmissible via under Sea Cables, directly towards the EU, from the still explored recent Findings in EU Member Cyprus, as well as Egypt, Israel etc., and you have already visited recently the area, "EuroFora" reminded Hoyer. Are these included among the kind of Projects that the present New EU Investments Plan for 2015-2017 eyes ?", "EuroFora"asked the President of the EIB.

 - "Yes, we (EIB) are doing a lot about such kind of things", and, in particular, the "Energy situation in Cyprus", "is a most Interesting question", President Hoyer positively reacted from the outset.

+ "And I hope that the Exploration in the area, (which continues, expands and intensifies, also with the addition of new actors among various European/International Oil/Gas Companies : F.ex. after USA's "Noble Energy", also now Italy's "ENI" and South Korea's "KOR", due to be soon followed by France's TOTAL, etc) , will be Succesful, so that a Better Supply can be guaranteed", EIB's Head went on to add.

- "Until then, many Questions are open", but "We (EIB) are Ready" to move, he confirmed.

- Already, "the President (Nicos Anasstassiades) as well as others in Cyprus, know that we are ready to Check the Investment Opportunities there".

- "Because" EU Member Country "Cyprus is a key" for EU's "Energy Security and Supplies", the experienced Hoyer stressed.

- "But", for the moment, "we don't have a (concrete and finalized) Project on the Table yet, and we are going to assess it (immediately) once we have seen it", he promised.

-  Since "it is, absolutely, in the (General) Interest of Europe", and "the Strategic Location of (EU Member) Cyprus makes it very Visible", EIB's President observed, in reply to another relevant "EuroFora"s Question.       

=> - That's why, "I will certainly touch upon that problem on December (2014)", when "I'll visit Cyprus, Next Month", where "I will be on my ...6th Visit !", Hoyer announced, revealing an important EU's interest in that matter.     



     + Meanwhile, it's also the Director of Juncker's Cabinet, Martin Selmayr, who, speaking earlier to "EuroFora", in view of a "Technical Press Point" on the New EU 2015-2017 Investments Plan at EU Commission's Offices in Strasbourg, confirmed the Fact that, indeed, Plans as that of Cyprus, Greece and Israel/Egypt to transport New Gas Findings in that area, directly towards the EU, via Liquification and Sea Ship containers, and/or via Transformation in Electricity transmissible by Under-Sea's Cable through Cyprus and Greece, etc, (as f.ex. Israeli Prime Minister Netanuahu has notoriously proposed earlier, and Greek Experts have already started to examine), was also positif, in principle :

    - "Yes, that's exactly the kind of projects that we (EU Commision) are looking for", Selmayr replied to a relevant "EuroFora"s Question.

    And Juncker Cabinet's Head, speaking earlier to Journalists at EU Parliament in Strasbourg, including "EuroFora", revealed that, at least some among the First such Projects could, already be examined and eventually even endorsed by EU Countries' Heads of State/Government, during the forthcoming EU Summit of December 18-19 in Brussels, even if the final proceedings might be completed in the next 1 or 2 Months, as he said.
    ++ It is also significant of the Topical character of that matter, just after an exceptionaly important "Trilateral" Summit of Heads of State/Government between EU Member Countries Cyprus and Greece, as well as Egypt, (respectively : President Anastassiades, Prime Minister Samaras and President Alsissi), where Energy findings and Transports options to Europe naturaly were among the Core Strategic Issues, Cyprus' President has just anounced from New York a Rendez-vous taken also with Israeli Prime Minister Netanuahu, (who had already visited earlier Nicosia and spoken about his Idea for Gas to be transformed into Electricity, in order to be Directly Transported to the EU via a sub-Sea Cable due to link Israel/Egypt - Cyprus - Greece, etc), for another Trilateral Summit expected soon after his imminent Return back Home.


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    Strategically located between Paris and Prague, Strasbourg offered a natural location for the French and Czech EU 2008 and 2009 Presidencies to tune their agendas for a resolute European move towards Renewable Energies, during an exceptional Joint Parliamentary meeting on "Energy and Sustainable Development", co-organized here by the Presidents of EU Parliament, Hans Gert Poettering, French National Assembly, Bernard Accoyer, and Senate, Gerard Larcher, on November 20 and 21.

    Concluded by a busy-looking French super-Minister of Energy, Environment and Regional planning, Jean-Louis Borloo, the exceptional gathering of Top MPs from all 27 EU States' Parliaments hoped that a Ministerial meeting prepared by Borloo, will pave the way to an overall agreement at the level of EU Heads of State and Government Summit chaired on December 2008 by French President Nicolas Sarkozy, allowing the next EU chair, the Czech Republic, to start working from the beginning of 2009 on concrete measures.   

Speaking to "EuroFora" President Accoyer resumed the general feeling by stressing that "Europe has no Oil-Gas resources, but an important Scientific-Technologic potential. Therefore, we must develop Renewable Energy sources". "Since the Sun is the most abundant and free RES,  we must do the outmost to boost Solar Energy" solutions, he added, at the eve of a special meeting on Solar energy and the Mediterranean organised by Borloo on Saturday.     

Oil-gas supplies' security and diversification were also examined by the EU gathering, after which, President Accoyer replied  to our question on risks of long, expensive and fragile pipe-lines' projects, crossing through foreign countries out of the EU, compared to new possibilities for Sea and River Ship direct EU transport even of Gas, thanks to New Liquification technologies : - "We have just écreated the Union for the Mediterranean for concrete projects like these", Accoyer stressed, speaking of Sea-River Ship Highways, fundeable under EU's TENS programs.     

 Rapporteur on "Energy innovation and sustainable development", Dr. Bedrich Moldan, vice-President of Czech Senate's Environment and Regional Development Committee, added that Climat issues, price uncertainties and diminution of accessible Fossil energies, played together with EU's RST potential in order to make RES both a need and "an opportunity". However, in cases as "Solar Energy, even if the main Scientific ideas are already here, we have to make some technologic breakthroughs in order to find how to produce it on a large scale, store and transport it", Dr. Moldan added to "EuroFora".     

Czech interest for RES was also expressed, earlier in Strasbourg, by Jan Kohout, the deputy Minister pf Foreign Affairs who participated to a workshop on "Renewable Energies" organized by the French EU 2008 Presidency : - "The focus is on Development", he told us.    

On this and other RES issues, Dr. Moldan anounced the Czech EU 2009 chair's intention to organize an important 2-days Conference on Renewable Energies and Sustainable Development late January 2009 at nearby Prague.                


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