Biofuels from algae - a future ocean energy source, European Commission

Caspian Energy (CE): Caspian gas supplies to the EU have started under 2013 contracts. How do you see the future of the Southern Gas Corridor in the EU?

Kadri Simson, EU Commissioner for Energy:  The Southern Gas Corridor fits into the Commission ambition of diversifying our sources of energy supply – thereby allowing us to meet our basic energy ambition of a secure, safe and affordable supply of energy across the whole EU. 

In the longer term, under the heading of the European Green Deal, the EU is committed to achieving carbon-neutrality by mid-century. Natural gas is expected to play a role in the transition in the coming decades, in particular in regions where a quick replacement of coal by gas can bring significant emission reductions. However, on the path towards climate neutrality, natural gas will have to be increasingly rep­laced by renewable and low-carbon gases. The EU is already actively engaged with its international partners on the energy transition and ready to cooperate through the dialogue and high-level meetings available.