A Review of the Nigerian Energy Industry

EU must act on climate change – Brufau

17 September 2015, News Wires – Repsol chairman Antonio Brufau has called on European Union (EU) authorities to exert their influence to drive an agreement on curbing climate change.

RepsolAt the Spanish major’s own “Energy for Europe – Looking Beyond 2020” debate held in the Brussels on Thursday, Brufau also called on the oil industry to have an “open and rigorous debate on energy” to solve climate change without damaging Europe’s economic competitiveness.

In a meeting attended by European Commissioner for Climate Action & Energy Miguel Arias Canete and other European energy experts, Brufau called on the EU “to exert clear and decisive leadership on the geopolitical and environmental challenges” in order to have a direct impact on the world’s energy equilibrium, Repsol said.

“We are seeking an international climate agreement so that all parties assume their responsibility, being ambitious on emissions’ reduction targets while being flexible in how they are obtained,” Brufau said.

“The EU has the power to influence the evolution of key standards that determine and regulate global interactions, and one of its future goals should be the increased globalisation of the security of supply, exerting its influence in various international contexts and processes.”

Brufau pointed to the European refining sector as “a clear example of the necessary equilibrium between environmental policies and competitiveness, with EU refineries being the most energy-efficient in the world”.

Canete on Thursday also participated in a lunch with board members from Repsol, Shell, Statoil, Galp Energia, GasNatural Fenosa and others. He was also due to meet with E.ON board member Klaus Schafer, UK Secretary of State for Energy & Climate Change Amber Rudd, and participate in a Green10 meeting, all in Brussels.


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