OIL AND GAS NEWS – EU ROUND UP – EU MEDIUM-TERM BUDGET TENS FP7, EU ENERGY LIBERALISATION ECJ
April 1st, 2006
BY KEITH NUTHALL
EUROPEAN Union (EU) political leaders have agreed medium-term (2007-13) budgets for crucial spending projects for the energy sector: Trans European Networks (TENs) and the EU seventh framework programme (FP7) for research. On TENs, the European Parliament, Commission, and EU Council of Ministers have agreed a Euro 7.2 billion budget, Euro 500 million above previous drafts, although this will have to be split with TENs transport projects. The decision comes as the parliament finalised a directive regulating the 2007-13 TENs energy programme. It ...
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