This week, the United Kingdom is hosting a major summit on securing global energy supplies. In addition to European Commission President Ursula von der Leyen, ministers from France, Germany, India, Japan and the United States, as well as leading energy company executives, are attending the summit.
More than 60 countries will be represented at the summit, which will take place on Thursday and Friday at the historic Lancaster House in London. The summit is co-organized by UK Prime Minister Keir Starmer and the International Energy Agency (IEA). The event comes amid warnings that the lessons of the energy crisis in the aftermath of the Russia-Ukraine war have still not been fully learned. Fatih Birol, President of the International Energy Agency, highlighted the crisis that began with the end of Europe’s dependence on Russian natural gas and outlined “three golden rules” for ensuring energy security: Diversify energy sources, ensure political stability for long-term investment and strengthen global cooperation. But according to the Financial Times analysis, current trends contradict these rules. Europe is still heavily dependent on imported natural gas. While both Europe and the US are making significant changes to energy subsidies and regulations, trade tensions initiated by US President Donald Trump are weakening international cooperation. These trade disputes “create uncertainties that will affect oil and gas demand for some time to come,” Birol said. The summit will address growing threats to energy supply, from conflicts in Europe and the Middle East to extreme weather events, attacks on undersea infrastructure and cyber threats. “There are traditional risks as well as emerging risks, and these should be more on the international agenda,” Birol said.
https://www.chinadaily.com.cn/a/202504/23/WS68084075a3104d9fd3820f3c.html
