Space Travel News  
OIL AND GAS
EU still net energy importer
by Daniel J. Graeber
Brussels (UPI) Feb 4, 2016


disclaimer: image is for illustration purposes only

Members of the European Union imported more than half of their energy in 2014, data from the region's statistics office showed.

Eurostat, the statistics office of the European Union, said member states relied on imports for 53.4 percent of their energy needs in 2014, the last full year for which the office has data.

Data show the level of dependency on foreign reserves was higher than in 1990, but lower than peak levels reached in 2008.

"The evolution of EU energy dependency has not been constant between 1990 and 2014, however, it has continuously stood above 50 percent since 2004," Eurostat said in its release.

European efforts to reduce dependency vary from diversification schemes to fledgling shale natural gas campaigns in the United Kingdom. Output from North Sea basins, meanwhile, is dwindling as fields there start maturing.

The British government last week said it would help incentivize the North Sea energy sector as output declines and job losses mount. London, meanwhile, is working to advance a shale gas sector, stating that, without one, natural gas imports could increase from around 45 percent of demand in 2011 to 76 percent by 2030.

The British economy is among the least dependent on foreign reserves among member states, with 45.5 percent of its energy coming from outside the region in 2014, Eurostat said.

Europe is looking to Azerbaijan as a source of diversity for an energy market dominated by Russian natural gas supplier Gazprom. The Trans-Adriatic pipeline will start delivering gas from the Shah Deniz gas project offshore Azerbaijan in 2019. TAP would connect to the Trans-Anatolian natural gas project running through Turkey to the Greek border.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
OIL AND GAS
Scotland offers more support for energy sector
Aberdeen, Scotland (UPI) Feb 2, 2016
Following plans to help energy workers with new training, the Scottish government said it was offering support to protect oil and gas companies from risk. "To help individual firms maintain their research and development during this difficult period, I am pleased to announce a further package of support," Scottish First Minister Nicola Sturgeon said in a statement. "Scottish Enterprise ... read more


OIL AND GAS
ILS Proton Successfully Launches Eutelsat 9B for Eutelsat

70th consecutive successful launch for Ariane 5

Ariane 6 design finalized, set for 2020 launch

AMOS-6 Scheduled for May 2016 Launch by Space-X

OIL AND GAS
Opportunity Reaches 12 Years on Mars!

4 people to live in an HERA habitat for 30 days at JSC

Getting real - on Mars

Mars Rover Opportunity Busy Through Depth of Winter

OIL AND GAS
Phase of the moon affects amount of rainfall

Russia postpones manned Lunar mission to 2035

Audi joins Google Lunar XPrize competition

Lunar mission moves a step closer

OIL AND GAS
Pluto's widespread water ice

Pluto's blue atmosphere in the infrared

Charon's Night Side

Predicting planets: The highs and lows

OIL AND GAS
Astronomers discover largest solar system

Lonely Planet Finds a Mum a Trillion Km Away

Follow A Live Planet Hunt

Lab discovery gives glimpse of conditions found on other planets

OIL AND GAS
US Senator McCain to introduce bill to end use of Russian rocket engines

The Path to the Pad

Ascent Trajectories and the Gravity Turn

Bezos space firm duplicates reusable rocket breakthrough

OIL AND GAS
Last Launch for Long March 2F/G

China aims for the Moon with new rockets

China shoots for first landing on far side of the moon

Chinese Long March 3B to launch Belintersat-1 telco sat for Belarus

OIL AND GAS
New Animation Takes a Colorful Flight Over Ceres

Ceres: Keeping Well-Guarded Secrets for 215 Years

NASA assigns early design contracts for Asteroid Redirect mission

Exposed ice on Rosetta's comet confirmed as water









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.