Today EU’s and most of the countries’ main concern is energy security. How they reach energy at an affordable price, reliable, diverse and abundant supplies, is the main question. Moreover, energy security composed of commonly with Supply ‘Consumers’, Transportation, Demand ‘Producers’ and Physical Security ‘Producer and Consumer’. Because there is a struggle over resources, EU, ‘national and supranational governance’ should take challenges, opportunities well in to consideration

3. Environmental Protection Competitveness Security of Supply Innovation + Diversification + Competition Prices Availability Emissions Challenges of Energy Policy

4. Challenges Energy Policy Competitiveness Security of Supply Climate Protection

8. Source: Commission Staff Working Document. Annex to the Green Paper. A European Strategy for Sustainable, Competitive and Secure Energy. What is at stake - Background document. 2006.

9. Source: European Commission, Directorate-General for Energy and Transport. “EU Energy in Figures.” http://ec.europa.eu/dgs/energy_transport/figures/pocketbook/doc/2007/2007_energy_en.xls

11. Source: European Commission, Directorate-General for Energy and Transport. “EU Energy in Figures.” http://ec.europa.eu/dgs/energy_transport/figures/pocketbook/doc/2007/2007_energy_en.xls.

18. It would run under the Caspian Sea from Türkmenbaşy to the Sangachal Terminal where it would connect with the existing the South Caucasus Pipeline (SCP) from Baku to Erzurum in Turkey which in turn would be connected to the Nabucco pipeline to Austria thus taking natural gas from Turkmenistan to Central Europe Nabucco and trans-Caspian – are interlinked The projected capacity of the pipeline is 30 billion cubic meters (bcm) of natural gas a year The route would bypass both Russia and Iran

19. Trans-Caspian Pipeline