Southeast Europe should make best use of its potential for energy transport routes, says RCC Secretary General in Prague

24 October 2008

PRAGUE/SARAJEVO – The Southeast European governments should design transnational projects in energy sector to enhance regional energy infrastructure links and make the best use of geo-economic potential for transport routes from energy sources through Southeast Europe to Western Europe, said RCC Secretary General Hido Biscevic at the two-day Prague European Energy Forum which ends today.

Secretary General Biscevic informed Forum participants of RCC networking with the governments of Southeast Europe and the European Commission in developing transnational projects, especially in the energy sector, to be financed through the EU’s Instrument for Pre-Accession Assistance (IPA) Multi-beneficiary Programme.

The participants also discussed possible impact of the current financial crisis on investment interest in energy sector, including in Southeast Europe. They pointed to a need for a stronger joint approach of the countries of the region towards energy suppliers, including a possibility of creating a regional energy stock exchange.

The Forum, organized by the incoming Czech EU Presidency and Ano pro Evropu non-governmental organization, gathered high level government officials and energy experts who amongst others discussed European energy challenges, trans-European energy networks, environmental policy and energy security.