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Europe Daily Bulletin No. 7793

7 September 2000
GENERAL NEWS / (eu) eu/energy
Commission shares Ms de Palacio's strategy for facing up to rise in oil prices - Aim is $20 per barrel - Reestablishing competition in EU, and not giving up nuclear energy

Brussels, 06/09/2000 (Agence Europe) - The European Commission supported the four-point strategy proposed on Wednesday by Energy Commissioner Loyola de Palacio, in order to face up to rising oil prices. While insisting on the measures to be taken in order to reduce the European Union's energy dependency and criticising the lack of competition on the prices of oil products in the EU, the Commissioner stressed the role of producer countries in reducing tension on oil markets. "We call on OPEC...

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