From EUobserver · · 50s
EU Drops Arctic Oil Ban
EU vows to stop Arctic oil and gas purchases but removes ban from new strategy.
In brief
EU vows to stop Arctic oil and gas purchases but removes ban from new strategy. EU will not buy Arctic oil or gas but dropped its 2021 moratorium on drilling after Norway pushed for energy security. Originally reported by EUobserver.
EU Vows Arctic Oil Ban
EU officials said they will not drill or buy Arctic oil and gas, stating their position on Arctic oil, gas and coal has not changed.
“we will not drill in the arctic, and we will not buy hydrocarbons from the arctic”
Norway Pushes for Change
Norway's prime minister Jonas Gahr Støre and his cabinet lobbied the EU to drop its 2021 moratorium on Arctic oil and gas drilling after the Iran war caused energy supply disruptions.
EU Rejects Norway's Argument
EU officials rejected Norway's claim that Arctic resources were crucial for energy security, stating they do not need Arctic resources to keep their energy supply secure.
“we do not need arctic resources to keep our energy supply secure”
The one thing
EU will not buy Arctic oil or gas but dropped its 2021 moratorium on drilling after Norway pushed for energy security.
