OGJ Newsletter

General Interest — Quick TakesEuropean energy grants total €2.3 billionThe European Commission has selected 31 gas and 12 electricity projects to receive grants totaling a record €2.3 billion for energy infrastructure.The investments are part of almost €4 billion set aside in March 2009 for European economic recovery. They reflect desires by the European Union to interconnect member states and reduce isolation of outlying members such as the three Baltic states, Ireland, and Malta.The spending will help provide for emergency pipeline flow reversal in nine EU countries and support the Nabucco gas line between Turkey and Germany and the Galsi line between Algeria and It...

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