Perspective on the development of European Gas Infrastructure
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After giving a brief overview about E.ON activities in the energy sector, Mr. Giese will present a perspective on the development of European gas infrastructure: The European energy demand will grow significantly in the future. Combined with a decline in energy production, additional large scale gas import infrastructure will be needed in order to match the demand for gas. A good example for such additional infrastructure is the Nord Stream project which is well advanced and will provide approx. 55 bcm/a of natural gas after completion of both pipes. Another project, in which E.ON is involved is TAP, aiming at sourcing gas for Europe from the Caspian region (so-called 4th corridror). The need for additional gas import structure is shared by the EU, which has specifically set up an initiative (European Energy Infrastructure Package) in order to support the development of new energy infrastructure. From E.ON’s experience in international gas infrastructure projects Mr. Giese will conclude on the required framework for the successful development of large scale gas infrastructure in order to secure the gas supplies needed for Europe.
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