EU ROUND UP – EUROPE 95% DEPENDENT ON OIL IMPORTS IN FUTURE WARN MEPS
March 1st, 2009
BY KEITH NUTHALL
THE DEPENDENCE of the European Union (EU) on imports to meet oil supply needs will rise to 95% by 2030, a European Parliament report has claimed. This will expose the EU to strategic dangers through buying oil from unstable or potentially hostile countries in the Middle East and from Russia, it warned.
MEPs have called on the European Commission to be far more radical in diversifying EU energy supplies and consumption: "Only a complete shift in EU energy policy will lead to a solution as regards security of supply," said the report, ...
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