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Ministers from the Union for the Mediterranean meet under the Portuguese Presidency of the Council of the EU

Ministers from the Union for the Mediterranean meet under the Portuguese Presidency of the Council of the EU
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EU countries agree to prolong funding for selected gas projects, with caveats

European Union energy ministers on Friday (11 June) agreed to prolong EU support for some cross-border natural gas projects, despite a push from 11 countries and the European Commission who said such funding should end to comply with climate change goals. The EU’s “TEN-E” rules define which cross-border energy projects can be labelled Projects of Common Interest (PCI), giving them access to EU funds and fast-tracked permits. The EU is upgrading the rules to comply with its climate change targets, and in December the European Commission proposed a new version excluding dedicated oil and gas infrastructure. Energy ministers from EU countries on Friday agreed their position on the rules, which they must now negotiate with the European Parliament.

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