Article from: OGEL 3 (2004), in Energy Union, EU Energy
Giacomo Luciani, Toby Dodge and Felix Neugart (eds.) The European Union and Iraq: Present Dilemmas and Recommendations for Future Action, presented in the framework of the EU-Iraq task force 2004 Working Group, Brussels, June 2004.
The transition process in Iraq is of crucial importance to the European Union (EU) because of Iraq's size, its vast oil reserves, its regional importance and its geographic location on the south eastern border of accession candidate Turkey. EU member countries share the following key interests in Iraq: Ensuring a stable political process. Supporting the reconstruction process. Securing the supply of oil at reasonable prices. Fostering long-term stability in the Gulf region. Despite the intra-European ...