RT: US should commit to sending oil to Europe – EU Trade Commissioner

September 10, 2014

2012: What's the 'real' truth?

Published time: September 10, 2014 15:10

European Trade Commissioner Karel De Gucht speaks during a news conference at the EU Commission headquarters in Brussels March 27, 2014. (Reuters/Francois Lenoir)

European Trade Commissioner Karel De Gucht speaks during a news conference at the EU Commission headquarters in Brussels March 27, 2014. (Reuters/Francois Lenoir)

EU Trade Commissioner Karel De Gucht wants to see oil and natural gas exports from the US to Europe included in the forthcoming transatlantic trade deal which will create the world’s largest free trade zone.

Europe wants US oil and gas to help offset its dependence on Russian energy. About 30 percent of Europe’s total gas requirement comes from Russia, approximately half of that is vulnerable should Ukraine cut supplies, as happened in 2006 and 2009.

The EU believes importing energy from the US would make supply more secure.

“It is important that we come forward with a position on that (energy agreement) as soon as possible, because maybe you may have noticed that some things are going on in Europe,”

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