President Vladimir Putin told senior U.S. officials on 21 September that U.S.-Russian cooperation in the energy sector is important to bilateral economic and political interests
Published:
23 September 2003 y., Tuesday
President Vladimir Putin told senior U.S. officials on 21 September that U.S.-Russian cooperation in the energy sector is important to bilateral economic and political interests as well as global stability and security.
Putin was welcoming U.S. Commerce Secretary Don Evans and U.S. Energy Secretary Spencer Abraham, who together with Russia's Economic Development and Trade Minister German Gref and Energy Minister Igor Yusufov co-chair the Russia-U.S. Energy Forum. The U.S.-Russia Commercial Energy Summit was expected to open a session in St. Petersburg on 22 September. Putin said Russian exports currently account for 4 percent of U.S. energy imports, up from 1.36 percent in 2002, but added that the figure is small in light of those countries' huge potential.
Putin urged an increase in Russian energy supplies to the United States, and said the topic will be discussed at his Camp David summit with U.S. President George W. Bush on 26-27 September. Putin also said Russian and U.S. experts are discussing diversification of bilateral cooperation in the sector to include coal, gas, and nuclear power. Secretary Evans predicted major U.S. investments into Russia's energy sector in the near future, particularly in developing oil and gas reserves off Sakhalin and exporting Russian liquefied gas to the United States.
Šaltinis:
rferl.org
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
In European sustainable energy week 2010, new EU energy commissioner presents strategy to reduce Europe’s dependence on fossil fuel.
more »
The EBRD is launching a Project Complaint Mechanism, which is expected to enhance the accountability and transparency of the Bank’s operations.
more »
The EBRD is boosting the availability of local currency financing in Armenia with a synthetic loan in Armenian Drams (AMD) worth $4 million to FINCA UCO CJSC for on-lending to local micro and small enterprises (MSEs).
more »
This year is the UN year of biodiversity and it brings endangered species into the spotlight.
more »
The World Bank Board of Directors today approved a US$65 million project to support the recovery of Haiti’s critical infrastructure as well as the reestablishment of basic State functions following the devastating 7.0 magnitude earthquake on January 12, 2010.
more »
Haiti’s arduous reconstruction and recovery process jolted forward today following fresh commitments to help the Caribbean nation rebuild in the wake of its devastating January 12 earthquake.
more »
A mission from the African Department of the International Monetary Fund (IMF) visited Uganda during March 4-17, 2010, to conduct the seventh and final review under Uganda’s Policy Support Instrument (PSI) and reach understandings on a policy framework for a new three-year PSI to cover the period 2010 to 2013.
more »
The European Economic and Social Committee (EESC), as the first EU institution, rose to the challenge of providing a comprehensive vision for the future of the Common Agriculture Policy (CAP), in advance of the European Commission's papers on the matter, due to be issued later this year and in 2011.
more »
The outlook for primary energy supplies, heat, and electricity is questionable for the Eastern Europe and Central Asia region, despite Russia and Central Asia’s current role as a major energy supplier to both Eastern and Western Europe.
more »
The Executive Board of the International Monetary Fund (IMF) today approved a 36-month, SDR 513.9 million (about US$790 million) Stand-By Arrangement (SBA) for El Salvador to help the country mitigate the adverse effects of the global crisis.
more »