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Image header Agence Europe
Europe Daily Bulletin No. 9486
GENERAL NEWS / (eu) eu/energy

Andris Piebalgs dismisses any possibility of oil shortages in next five years

Brussels, 23/08/2007 (Agence Europe) -Speaking at a forum in Alpbach (Austria) on Wednesday the European Commissioner for energy dismissed any possibility of oil shortages arising over the next five years on the international markets (reported by Xinhua News Agency). Andris Piebalgs said that crude oil prices on the international markets could reach $80 a barrel but he did not think that there would be a problem of oil supplies emerging in the next five years. The European Commissioner...

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