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Europe Daily Bulletin No. 7925

21 June 2001
Contents Publication in full By article 25 / 37
GENERAL NEWS / (eu) eu/energy
Commission is concerned with reduction in oil production

Brussels, 16/03/2001 (Agence Europe) - The European Commission is "concerned" with a possible fall in oil production that had been decided on Friday in Vienna by the OPEC countries, indicated Gilles Gantelet, spokesperson for the Energy Commissioner. We are not certain that this is the right time to do so and that the reasons are sufficient, he added. The producer countries should decide over a further reduction in production, estimated at 500,000 to 1.5 million barrel per day, in order to...

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