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Hague: Fracking can 'weaken Russia's grip over Europe'

Pushing ahead with controversial 'fracking' schemes could help reduce Russia's leverage over Europe, William Hague has suggested.

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Investment can help 'greater energy security' in Europe

Ideas are being discussed for how Europe can build greater energy security, the Foreign Secretary has said, suggesting 'fracking' schemes could help reduce Russia's leverage over Europe.

In an article for the Sunday Telegraph, William Hague wrote:

We would need to boost investment in gas interconnections and terminals in Europe, and develop indigenous European energy supplies for countries wishing to develop their own resources, such as shale gas.

And it would mean helping Ukraine and neighbourhood countries to liberalise their energy markets, increase energy efficiency and ensure more resilient energy supplies. Russia's actions in Ukraine should make it much more likely that the European Union takes such decisions.

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