Translation of "Potentiel de production gazière inutilisé " (French → English) :

28. Stresses the contribution which can be made to security of supply by indigenous energy sources, particularly the large coal reserves and the substantial untapped oil and gas reserves in some Member States and Norway; recommends that future energy generation sites be fitted with CCS technology where technically possible; believes that applicable legal and administrative rules should be commensurate with optimum production conditions;

27. Stresses the contribution which can be made to security of supply by indigenous energy sources, particularly the large coal reserves and the substantial untapped oil and gas reserves in some Member States and Norway; recommends that future energy generation sites be fitted with CCS technology where technically possible; believes that applicable legal and administrative rules should be commensurate with optimum production conditions;

The Indian Oil and Gas Act is a legislative tool for the federal government to manage oil and gas activities for some 200 First Nations with current, or the potential for, oil and gas production.

2. Takes the view that, in the draft Special Measure for Iraq for 2007, the Commission exceeds the implementing powers laid down in Regulation (EC) No 1905/2006 by selecting as one of the areas of intervention a "Feasibility Study for the Akkas Gas Field", the overall objective of which is "to study the conditions for exploration of the Akkas Gas Field in western Iraq in view of linking its output to the Syrian gas pipeline network", and further "to integrate this project if possible in the workings of the Euro-Arab Mashreq Gas Market Project"; points out that "the study will take into consideration the future interest of the Mashreq neighbours and of the EU in integrating the output of the wells into the Euro-Mashreq gas market", and that ...[+++] "this integration will open a large potential market for the Akkas fields' production and allow a first integration of the Iraq natural gas with the regional and European market", and therefore considers that this objective is not in compliance with Article 2(1) and (4) of Regulation (EC) No 1905/2006, in that the primary objective of the proposed Special Measures is not the eradication of poverty and in that the stated objectives do not fulfil the criteria for ODA established by the OECD/DAC;

The SEMs (especially the North African countries and Syria) have considerable oil and gas potential, with proven reserves at the end of 1992 totalling 6030 Mt of oil and condensates and 5650 Gm3 of natural gas, and major facilities for production (217 Mt/year of oil) and 66 Gm3/year of natural gas in 1992) and for exporting to Europe, mainly consisting of 5 LNG plants (35 Gm3/year capacity), 20 LNG carriers, refineries with a capacity of 146 Mt/year, and oil terminals.