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Putin Says Market Governs Russia's Energy Relations

January 18, 2007

President Vladimir Putin (file photo) (ITAR-TASS)

President Vladimir Putin (file photo) (ITAR-TASS)

January 18, 2007 -- Russian President Vladimir Putin says Russia would use the market, and not politics, as the basis for its relations with all countries.


Putin, meeting foreign ambassadors today, reiterated that Russia was a reliable energy supplier and said real energy security was only achievable if all members in the energy chain were "solidly reliable."


An oil transit dispute between Russia and Belarus earlier this month disrupted supplies to Europe.


(ITAR-TASS, Reuters)

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Russia And Global Energy Security

An oil field in Russia's Republic of Bashkortostan (TASS file photo)

ENERGY SECURITY is increasingly moving to the top of the EU's agenda in its dealings the outside world. A recent report identifies the European Union's main energy objectives as not just securing gas and oil deliveries from Russia, but also ensuring that it has reliable alternative sources, including in Central Asia. Nonetheless, EU officials say relations with Russia take center-stage in their thinking....(more)


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