Russia, EU To Create Energy Supply Early Warning System

by Staff Writers
Mafra, Portugal (RIA Novosti) Oct 29, 2007
Russia and the European Union agreed to establish an early warning system to keep track of possible problems with energy supplies from Russia, President Vladimir Putin said on Friday. "During the meeting, stress was placed on the further consolidation of Europe's energy security... We agreed to continue work to establish an early warning mechanism in relation to deliveries and demand for energy from Russia to the EU," Putin told journalists after the EU-Russia summit in Portugal.

Putin proposed holding the next Russia-EU summit in Khanty-Mansiisk, western Siberia, in June 2008. Friday's Portuguese summit was aimed at addressing key energy and trade disputes, along with international issues.

"We are continuing the tradition of meetings with European partners in different Russian regions, and this time we proposed meeting in a dynamically developing region - Siberia, in Khanty-Mansiisk," the Russian leader said.

In August, the EU had intended to convene a group of government experts and representatives of fuel producers and consumers from EU member states to discuss Russian energy supply reliability, shortly after Russian energy giant Gazprom threatened to cut its natural gas deliveries to Belarus by 45% over the country's outstanding debt.

However, Minsk agreed to Gazprom's demands at the last minute, drawing on government reserves to pay the debt in full.

Gazprom's threat had sparked fears that Belarus could tap gas from pipelines transiting Russian gas to Europe, in a replay of a bitter price dispute with Ukraine in early 2006 which affected supplies to European consumers. The dispute raised concerns in Europe over excessive dependence on Gazprom as a supplier.

Source: RIA Novosti

Community
Email This Article
Comment On This Article

Related Links
Powering The World in the 21st Century at Energy-Daily.com

ENERGY TECH

High oil prices hit Chinese petrol stations

Beijing (AFP) Oct 28, 2007
Fuel shortages were reported at petrol stations throughout China Sunday as the cost of oil on the domestic market lagged behind record global prices, prompting refiners to slow deliveries.

ENERGY TECH High oil prices hit Chinese petrol stations Learning The Lessons Of Oil Crises The Race For Biofuels Driving Alternative Sources Of Biomass Russia, EU To Create Energy Supply Early Warning System	CIVIL NUCLEAR US nudges India on nuclear deal Japan court refuses to stop nuclear plant on quake fear Russia To Develop New Uranium Deposit In East Siberia Sarkozy announces nuclear cooperation with Morocco
BLUE SKY Study Reveals Lakes A Major Source Of Prehistoric Methane Giant Atmospheric Waves Over Iowa Global warming driving up humidity levels, says study Ocean Oxidation Preceded First Great Rise In Atmospheric Oxygen	WOOD PILE Biodiversity said to be key to healthy forests: study Chinese loggers stripping Myanmar's ancient forests Greenpeace aims to expose Indonesian forest destruction France to help rehabilitate burnt Greek farms, forests
FARM NEWS Agricultural Soil Erosion Not Contributing To Global Warming Global warming may be leading to higher rice yields in China: IRRI Fake fins eye saving sharks, Chinese wallets Fossilized Cashew Nuts Reveal Europe Was Important Route Between Africa And South America	CAR TECH Japan showcases cars that talk sense VW restates record sales target on strong results from China, South America Japanese cars premiere -- in real and virtual worlds Honda plans low-cost hybrid in 2009
AEROSPACE Airbus superjumbo makes first commercial flight Airbus superjumbo takes off on first commercial flight Solar Telescope Reaches 120,000 Feet On Jumbo-Jet-Sized Balloon Third Maritime Surveillance System For Canada	NUCLEAR SPACE Nuclear Power In Space - Part 2 Outside View: Nuclear future in space Nuclear Power In Space Could NASA Get To Pluto Faster? Space Expert Says Yes - By Thinking Nuclear

The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement