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Page added on February 16, 2006

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Gas Crisis a Warning for Europe

Top international energy experts Wednesday urged European countries to unify their energy and foreign policies in order to increase energy security and reduce their dependence on Russia and the Middle East for oil and gas.

The calls were made against the backdrop of growing concern within the European Union that Russia may use its reserves of oil and gas to exert political pressure, and that instability in the
Middle East could lead to sharp fluctuations in energy prices, increasing Europe’s economic vulnerability.

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