G8 supports 'open' energy markets - Democratic Underground

Eugene

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Sun Jul-16-06 07:18 AM
Original message

G8 supports 'open' energy markets

Last Updated: Sunday, 16 July 2006, 11:13 GMT 12:13 UK

G8 supports 'open' energy markets

Russia has taken a step towards opening its energy sector to foreign investment
at the G8 meeting in St Petersburg.

The group agreed to "open, transparent" energy markets and to nuclear energy
as a power source for those who want it.

Russia had faced calls from the EU and US for increased international energy
co-operation, amid fears Moscow may use energy as a tool of foreign policy.

However Russia, a major oil and gas producer, did not ratify the Energy
Charter, an international rulebook.

<snip>

Full article: http://news.bbc.co.uk/2/hi/business/5184776.stm

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pooja

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Sun Jul-16-06 07:57 AM
Response to Original message

1. oh my, oh my... would Russia surpass the Eruopeans with

a little oil revenue???

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Mon Apr 29th 2024, 11:14 PM
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