EU Energy Policy

European Parliament backs new rules on IGA transparency

MEPs in the European Parliament voted on Thursday in favour of more transparency in energy-related intergovernmental agreements with countries outside the EU.
By Staff reporter 2 March 2017 0 24348

MEPs in the European Parliament voted on Thursday in favour of more transparency in energy-related intergovernmental agreements (IGAs) with countries outside the EU.

The new agreement will give the European Commission the right to review IGAs in oil and gas before they are signed. Under the current regime, the commission has the power to review IGAs only after they have been signed.

The draft text was approved at a plenary session in Brussels by 542 votes to 87, with 19 abstentions.

"This legislation will ensure the energy security...