Key elements of the Energy Strategy for 2011-2035

The state will retain control over the main energy generation facilities and will try to attract foreign and domestic funds for energy projects worth 40bn euros over the next 25 years, reads a draft of the Energy Strategy 2011-2035, published on the Economy Ministry website.

The document has been under discussion for over one year, as the old Energy Strategy 2007-2020 had to be reviewed since the crisis has upset several calculations on consumption. In parallel, ideas on energy sector reorganisation have changed from one government to another.

At present, the document is under public debate, but the Economy Ministry officials could not say how long discussions will last.

The problem is just like in the case of the previous strategy, the current document does not point to any concrete moves to attract investments, does not specify the state’s policy as regards mining field reorganisation, the privatisation or bourse listings policy, with the proposed measures being rather general ones.