EU to Test Security of Energy Facilities After Pipeline Blasts [Business News Network (BNN) (Canada)]
ConocoPhillips (COP)
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Source: Business News Network
EU Energy Commissioner Kadri Simson said Friday at a news conference that she will work with her home affairs counterpart, Ylva Johansson, to prepare the stress test plan as more countries begin to point the finger at Russia for sabotaging the pipelines. “Given the possible serious impact of an incident on the internal market and across borders, an EU-wide approach is needed and we will work with member states to define the test scope and timing to reinforce the resilience of the EU energy system to threats,” Simson said. She said the bloc will consider new policy measures to protect critical infrastructure. The pipeline attacks sparked new fears that Russia may stage surreptitious attacks on vital energy pathways to spike prices in the already-stressed bloc as winter sets in. “Everyone's shocked by the sabotage of Nord Stream so it was very fruitful that colleagues from Denmark, Sweden and Germany informed us on the way that they're doing research to know what happened over th
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