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Financing schemes will be developed together with local banks in order to allow individual mobility and to provide Volkswagen with the impetus it needs for its re-entry to the Kenyan market. In addition, the Volkswagen Group recently announced plans to start vehicle production in Algeria. Kenya is an opportunity market in Africa.
Today, we set in motion a fundamental transition towards a low-carbon and climate-friendly economy, towards an Energy Union that puts citizens first, by offering them more affordable, secure, and sustainable energy. The European Council will discuss the Energy Union at its meeting in March 2015. Europe needs to make the right choices now.
million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47 As we have pointed out, RBC Capital’s fragile five , Algeria, Libya, Nigeria, Iraq and Venezuela, the pain is intense. Moreover, Saudi policy, combined with the impact of U.S. million barrels/day in 2014 to 7.55
Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. The emergence of the U.S., This has transformed the U.S.
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