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Thursday, February 19, 2009

Medvedev touts energy asset swaps with foreign partners

 RBC, 18.02.2009, Yuzhno-Sakhalinsk 13:35:08 – Russia's President Dmitry Medvedev calls for spurring up mutually rewarding energy asset swaps with foreign partners, the president was cited as saying at the meeting to enhance Russia's involvement in the international energy cooperation. Russia must cooperate in order to develop energy corridors apart from energy resources transit. The president stated that Russia's efforts to consolidate its position on the energy market should provide for integration between suppliers and consumers. According to Medvedev, Russia must intensify ties with the European Union and the United States, parallel with closer coordination with OPEC and gas exporting countries. Combined, these measures will foster the creation of a single energy space.

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