• Latest News

    June 24, 2016

    64% Oil, 30% Gas Leave the EU Together With Britain

    Translated by Ollie Richardson for Fort Russ
    24th June, 2016

    Own extraction - and this is the main thing!

    According to the data for 2014, the EU countries extracted the following barrels of oil per day (thousands):

    Britain - 772

    France - 15

    Netherlands - 30

    Denmark - 164

    Romania - 80

    Germany - 48

    Italy - 106

    Total: 1.215 million barrels per day. The UK's share - 64%.

    Natural gas extracted per year billion cubic meters:

    Netherlands - 70 

    Britain - 38

    Romania - 11

    Germany - 10

    Total: 129 billion cubic meters. The UK's share is almost 30%.

    The withdrawal of Britain from the EU makes the EU even more dependent on imported oil and gas. The British, on the contrary, on the eve of the energy crisis, strengthened their own position, with additional opportunity to keep social and political stability, ensuring its own economy (and social programs), mainly due to its own energy resources.

    The picture of the EU without Britain, in this respect, is more than sad. It is unlikely Britain will share the profits from the sale of oil and gas to the EU with them. In contrary, it will steal the EU's skin, and by this way it will be added to the British budget. If it is sold at all. On the background of the debt problems of the southern and eastern EU countries, this situation would become absolutely intolerable for saving the EU as a model that positions itself in the world as a promising and prosperous project.

    Putin once said - "ambitions leave together with money". The same can be said about energy. This is even more so applicable to energy. "ambitions leave together with energy."

    And wood in Siberia.

         Follow us on Facebook!                                                  

           Follow us on Twitter!

    • Blogger Comments
    • Facebook Comments


    Post a Comment

    Item Reviewed: 64% Oil, 30% Gas Leave the EU Together With Britain Rating: 5 Reviewed By: Ollie Richardson
    Scroll to Top