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External dimension
EU-OPEC Energy Dialogue
The EU imports around 40% of its oil from the Organisation of the Petroleum Exporting Countries (OPEC). High oil prices and uncertainty in oil markets have been encouraged by growth in oil demand and a reduction of spare capacity. In this context, the EU and OPEC have established in the second half of 2004 a high-level bilateral dialogue to enhance producer-consumer relations. The EU aims at a more stable international oil markets and prices, an attractive investment climate, a more transparent market, a better market analysis and forecasts as well as, technological and international cooperation. OPEC’s role is the coordination of petroleum policies, fair prices for petroleum producers and efficient, economic, regular supply to consuming nations and a fair return in capital to those investing in the industry.
EU-OPEC Ministerial Meetings
A yearly meeting at ministerial level has been programmed.
2011
The eighth EU-OPEC Energy Dialogue 
[37 KB] was held on 27 June 2011 in Vienna
Agenda [49 KB]
Presentations 
[7 MB]
2010
The seventh EU-OPEC Energy Dialogue was held on 28 June 2010 in Brussels
Agenda [27 KB]
Presentations [7 MB]
2009
The sixth EU-OPEC Energy DialogueAll available translations. was held on 23 June 2009 in Brussels
Agenda [30 KB]
Presentations [610 KB]
2008
The fifth EU-OPEC Energy Dialogue [29 KB] was held on 24 June 2008 in Brussels
Agenda [30 KB]
Presentations [2 MB]
Summary and conclusions: EU-OPEC Study and Workshop on Oil Refining [36 KB]
Report: EU-OPEC Workshop on Carbon Capture and Storage [40 KB]
Report: EU-OPEC Energy Technology Centre, Cooperation in Science, Technology, Education and Training [86 KB]
2007
The fourth EU-OPEC energy dialogue [IP/06/749, 07/06/2006] was held on 21 June 2007 in Vienna.
2006
The third EU-OPEC energy dialogue [IP/06/749, 07/06/2006] was held on June 2006.
It focused on new technologies, especially on the capture and storage of carbon dioxide.
2005
The second EU-OPEC energy dialogue [PRES/05/344, 05/12/2005] was held in December 2005 in Vienna.
The tightness on the refining sector and the financial markets were still two areas of main concern.
The first EU-OPEC energy dialogue [17 KB] was held on 9th June 2005.
The main areas of discussion were oil prices, greater data transparency on stocks and investment needs. A work programme for the future was agreed to further develop these issues.
EU-OPEC Round Table
Third Round table on Carbon Capture and Storage, Brussels, October 2008
Conclusions [24 KB]
Agenda [22 KB]
List of participants [33 KB]
Key-note speech [2 MB]
Presentations Session 1 [19 MB]
Presentations Session 2 [15 MB]
Presentations Session 3 [6 MB]
Second Round table on energy policies, Brussels, May 2007
Agenda [39 KB]
Presentations [13 MB]
First Round table on oil market developments, Vienna, November 2005
It identified three main issues for further joint consideration: More accurate global oil demand forecasts, the constraints in the refining sector and a better understanding of the impact of the financial markets, specially the effect of trading in future markets.
Joint Press Release OPEC-EU Workshop on the Impact of Financial Markets on the Oil Price [54 KB]
