LNG

MEPs wants €7.68 bln for energy under CEF 2021-2027

The European Parliament's energy and transport committees have voted in favour of allocating €7.68 billion from the CEF fund to energy network projects.
By Staff reporter 22 November 2018 0 33416

MEPs in the European Parliament's energy and transport committees on Thursday voted in favour of allocating €7.68 billion ($8.76 billion) from the Connecting Europe Facility (CEF) fund to energy network projects.

The proposed sum represents €8.65 billion in current prices.

Energy infrastructure projects were allocated €5.35 billion under the CEF for the 2014-2020 period.

Projects such as Croatia's planned Krk LNG terminal and the Bulgaria-Romania-Hungary-Austria pipeline have received funding under the CEF.

Funding is restricted to developments selected as Projects of Common Interest (PCI). The next PCI list is...