Russia Seeks Closer Energy Ties With Norway

Russian President Dmitry Medvedev lays a wreath on the memorial for the Russians who died in Norway during World War II.

OSLO (Reuters) -- Russian President Dmitry Medvedev pledged today closer cooperation on energy issues with Norway and to end a decades-old dispute over the two countries' border in the Barents Sea -- which is thought to contain vast oil and gas resources.

Medvedev told a business audience in the Norwegian capital, Oslo, that "we count upon further deepening of strategic partnership between Russia and Norway in energy."

Ahead of the visit, Medvedev told a Norwegian newspaper that it was "absolutely possible" to reach a deal on the Barents Sea border, although both sides have played down the prospects for an accord during this trip.

Medvedev is scheduled to leave for Denmark on Tuesday.