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G8 summit to adopt agreement on global energy security minister.

01.01.70

RIA Novosti, Mar 16
MOSCOW, March 16 (RIA Novosti) G8 leaders will adopt an agreement on a global energy security system at their July summit, Russias industry and energy minister said Thursday.
The meeting [in St. Petersburg] will produce a credible and objective document, designed for the long term, which should receive international support including outside the G8 countries, Viktor Khristenko said in opening remarks at a meeting of G8 energy ministers.
Khristenko said the summit, slated for July 15-17 in St. Petersburg, Russias second city, could be a milestone in efforts to create a global energy security system.
President Vladimir Putin proposed creating a system to ensure uninterrupted energy supplies and resource access for all countries, amid international concerns about growing energy dependence on Russia and its reliability as supplier.
Unreliable access to energy, which has been evident from recent short- and long-term challenges and threats, has influenced the well-being of the entire world community, Khristenko said, adding that energy security could only be ensured by joint efforts.
He said energy security depends on sufficient supplies, good economic planning, proper infrastructure and environmental factors.
Moscow is hosting a two-day series of meetings of energy ministers from the Group of Eight leading industrialized nations. Energy-related issues will dominate the agenda of talks, as Russia has declared energy security the No.1 issue for its G8 presidency in 2006.

Expert opinion

Halter Marek

02.12.06

Halter Marek
Le College de France
Olivier Giscard dEstaing

02.12.06

Olivier Giscard dEstaing
COPAM, France
Mika Ohbayashi

02.12.06

Mika Ohbayashi
Institute for Sustainable Energy Poliy
Bill Pace

02.12.06

Bill Pace
World Federalist Movement - Institute for Global Policy
Peter I. Hajnal

01.12.06

Peter I. Hajnal
Toronto University, G8 Research Group