"This Co-operation Group should help us to better exploit the significant potential in energy co-operation between the EU and Norway" said Commissioner Piebalgs afterwards. "Our dialogue has been excellent for years, but this way we hope to make it more results-oriented."
"The EU is our largest market for oil and gas, and our supplies represent a considerable part of the oil and gas consumption in the EU" said minister Enoksen. "This calls for very close relations, and through the new joint Energy Co-operation Group we will have an excellent opportunity to examine energy issues of mutual interest, especially with regard to oil and gas."
Both parties underlined the importance of ensuring that the energy dialogue between the EU and Norway reflects the interests of energy producers and consumers alike. The dialogue is founded on the common perception that energy plays a key role in achieving the objectives of competitiveness, sustainability and security of supply.
They will schedule for an Energy Dialogue meeting in the first half next year. Key theme for that meeting will be the Joint EC-Norway Energy Cooperation Group paper on security of supply and security of demand in the EEA. There will also be discussions on the recommendations from the Group on further work to enhance cooperation on energy issues and concrete measures to be adopted on both sides based on the overview of energy cooperation.
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