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Europe Daily Bulletin No. 9123

3 February 2006
Contents Publication in full By article 29 / 39
GENERAL NEWS / (eu) eu/energy
Bartenstein confirms growing importance of Middle East oil production for Union's supply security

Brussels, 02/02/2006 (Agence Europe) - While the Organisation of the Petroleum Exporting Countries (OPEC) warned, on Wednesday, that President Bush's proposal to reduce the United States' dependency on oil from the Middle East could compromise the investment necessary in oil production and refining capacity in the Gulf, the Austrian Energy Minister and EU Council President, Martin Bartenstein, said that, with two thirds of world oil reserves, the “Middle East would become more rather than...

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