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9/28/05

ITAR-TASS: EU seeking to have wider access to Russia oil, natural gas

ITAR-TASS

EU seeking to have wider access to Russia oil, natural gas

The European Union is seeking to get a reliable and long-term access to Russia's oil and natural gas, Minister of State for Europe in the Foreign and Commonwealth Office of Great Britain Douglas Alexander said at the European Parliament on Wednesday on behalf of the European Union. Informed sources in the European Parliament say the EU intends to make the energy issue the main one at the EU-Russia summit that will open in London on Tuesday, October 4. The existing EU-Russia energy dialogue testifies to effective relations formed between them on the most important issue on the current agenda, Douglas Alexander stressed. The energy dialogue is based on the simple balance of interests - Russia needs investments from the EU for the development of its oil industry and the European Union wants to have access to Russian energy resources.

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