Oil factor key to Ireland’s stance on Russian sanctions

Government officials have declined to comment on where Ireland would stand on the issue of possible EU trade sanctions with Russia, as the standoff over its presence in Georgia continues.

30th August, 2008

Government officials have declined to comment on where Ireland would stand on the issue of possible EU trade sanctions with Russia, as the standoff over its presence in Georgia continues.

However, they have privately indicated that Russia’s control of essential oil and gas supplies, and Ireland’s dependence on imported fuels, would be significant factors in any decision.

Russia is pumping 1.2 million barrels of oil through the Druzhba pipeline everyday to...

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