Tuesday, March 21, 2006


Energy politics

Russian President Vladimir Putin and Chinese President Hu Jintao agreed today (21 March) to deepen energy cooperation. "Putin, who has made energy security the theme of Russia's current presidency of the G8 group of industrialized nations, said in November that diversifying energy export routes was a top priority, with supplies to Asia of paramount importance."

A report says that China plans to build 27 nuclear plants in the next 15 years. Russia intends to tender for them, and build 40 of its own by 2030. Russia also wants to set up in competition to the United States to reprocess the spent nuclear fuel of developing countries.

Meanwhile, the European Union still finds it difficult to agree a common energy policy.
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