Russia wants single energy system for APEC countries

Oct 26, 2002 02:00 AM

Russia proposed setting up a single energy system for member countries of the Asia-Pacific Economic Cooperation organization (APEC).
"It is necessary to prepare a network of energy sources" because of growing energy consumption, Prime Minister Mikhail Kasyanov said in voicing the proposal at a meeting in Los Cabos of the APEC Business Advisory Council. He said some projects for such a system had been launched and that there had been intensive investment, among other things into oil and gas fields in Siberia.

Source: Daily News Bulletin