Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-21-Speech-2-063"

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"en.20100921.3.2-063"2
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"I would like to agree with my fellow Members and welcome the fact that such an important regulation will be approved in such a short space of time. This only proves once again that when there is a real problem, Europe is able to act quickly and effectively. The security of gas supply regulation strengthens the principle of solidarity between Member States and this is another step towards a common energy policy. We probably all hope that the crisis of 2009 will not be repeated and that we will not need to resort to the mechanisms laid down in the regulation, but what happens in reality is another matter. Not so long ago in June, the supply of gas to Lithuania was halved due to disagreements between Russia and Belarus and that persuaded us that the timing of this regulation is opportune. I have frequently pointed out that for isolated gas markets dependent on one supplier, as we are, for instance, in the Baltic states, this regulation will only be effective when these markets are joined in a common European Union gas network. Private investment is often insufficient for laying the new gas pipelines that are required and additional funding is therefore needed. I would like to thank my colleagues who understood this and took it into account when negotiating this regulation, and the Commission which has officially pledged to solve the problem of energy islands in the Energy Infrastructure Package. All that remains is to call on the Member States to properly implement this regulation."@en1

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