Spain Getting Nervous about Russia’s North African Adventures
You gotta love Antonio Brufau of Repsol – everything he says makes so much sense. Let’s see if the Europeans can get their act together. From the Financial Times:
Repsol chief calls for unified energy policy across EU By Carola Hoyos and Mark Mulligan The head of Spain’s biggest energy company has lambasted European politicians’ inability to formulate a unified energy policy. Antonio Brufau, executive chairman of Repsol, said yesterday Europe needed to consider energy as an integral part of its foreign policy. He criticised Europe’s lack of cohesion when dealing with powerful oil and gas producers such as Russia and Algeria. In an interview with the FT, he also said the European Union’s biofuels targets were misguided, and questioned Europe’s failure to develop a cross-border gas and electricity network. “In terms of energy, Europe is not advancing in the right direction,” he said. “We have to have one single voice, one single policy, one single market.” The fact that Germany negotiated bilaterally with Russia for gas showed that “Europe was failing”, he said.