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European Council

The right hon. and learned Gentleman raises a very important issue. Our own gas supply is not nearly as vulnerable as that of Europe as a whole to just a handful of suppliers and Russian gas supplies are likely to account for only 5 per cent. of our supplies, compared with much higher dependency elsewhere in the European Union. However, I accept his overall point. Both the reliance on a few countries and the problems that arose between Russia and Ukraine and the rest of Europe are matters of concern. Energy security will dominate the G8 summit in St. Petersburg in the summer, and I know that my right hon. Friend the Prime Minister is very keen to secure real guarantees about energy security for the whole of Europe.