Tuesday, August 09, 2005

 

G8, 2006

ENERGY SECURITY 'ONE OF THE KEY ISSUES OF OUR TIME': FORMER NATO CHIEF

Former NATO Secretary General Lord Robertson of Port Ellen has underlined the importance of protecting the world's energy supplies. The former British Defence Secretary told 'energy-security.org'."There are few issues as important to people in their daily lives as energy supply. It dominates domestic and business activity like few other factors. That is why energy security - both in supply, assurance and physical terms is one of the key issues of our time. I have no doubt at all that the debate on how best we guarantee energy security will be a dominant one in the next decade and it will be in finding solutions which will largely determine how safe we all will be.


ENERGY SECURITY WILL BE KEY ISSUE AT G8 IN 2006

At this year’s G8 summit in Gleneagles, Scotland, Russian President Vladimir Putin set the agenda for next year’s conference. He stated that moves to stabilise world energy supplies will top the Group of Eight’s agenda at next year’s meeting in Russia. These words were echoed shortly after by Russian Deputy Energy and Industry Minister Ivan Materov when he commented that energy security, including stability of energy supplies will be the key issue at the next G8 summit.With oil prices rocketing to US$ 60 per barrel, the leaders of the other industrialised countries have given their support to Putin. Concerns are growing about rising energy prices, and they wholeheartedly support Mr Putin’s decision to make energy security the priority at next year’s summit. The leaders agreed to address ‘the strategic challenge of transforming our energy systems to create a more secure and sustainable future’Russia will assume the Presidency of the Group of Eight industrialised countries at the start of 2006, and will host the summit in St Petersburg.
http://www.energy-security.org/news.php?PHPSESSID=729c36834df0fd0c94a7b3b7f2235960#12
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