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EUROPE

Europe faces a Russia-reliant future: DW

WESTERN Europe will struggle to wean itself off Russian gas in the next decade, analyst Douglas-Westwood claims, pointing to mature offshore fields past the point of growth and a delay in moving to large-scale shale gas extraction.

Andrew Snelling

The report concedes that increasing investment by independent oil companies in UK offshore fields may see a slight increase in production to 1.75 million barrels per day by 2017 but DW expects that the...

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