You're reading: Ukraine, some European Union states sign memo on gas market integration

Ukraine and 14 other countries of the European Union, the Energy Community in Dubrovnik (Croatia) on July 10 signed a memorandum on the gas market integration and the diversification of gas supply sources, according to the website of the European Commission.

“A well-connected EU energy market where energy flows freely across borders and no member state remains isolated from the EU energy networks is a pre-condition for creating a resilient Energy Union with a forward-looking climate policy,” reads the report.

According to the document, the parties agreed to work together “to accelerate the building of missing gas infrastructure links and tackle the remaining technical and regulatory issues, which hamper security of supply and the development of a fully integrated and competitive energy market in the region.”

“A number of infrastructure projects, such as the Trans-Adriatic Pipeline (TAP), LNG terminal in Croatia and evacuation system, system reinforcement in Bulgaria and Romania, interconnectors between Greece and Bulgaria and between Serbia and Bulgaria, have been identified as top priorities in the action plan annexed to the memorandum,” reads a posting.