Sunday, May 08, 2011

Boost fuel supplies to Europe, Asia - Putin Russia ready

Sunday, May 08, 2011

Russia is ready to increase its oil and gas deliveries to Asian and European markets to make up for rising demand, Russian Prime Minister Vladimir Putin said.

"We handle the situation on the global energy market with full responsibility and are ready to increase shipments to Asia and Europe" the Russian Prime Minister told a press conference in Denmark.

Putin said the disaster at the Fukushima Daiichi nuclear power trust in nuclear power generation plant which undermine worldwide, increased demand for oil and gas.

"After the disaster in Japan realized that nuclear energy will... develop it means that the demand especially... will grow natural gas after hydrocarbons," said Putin.

"But in Europe, as we know, nuclear energy also rejects generation, and events in the Middle East does not improve the situation," Putin added.

Copenhagen, April 27 (RIA Novosti)

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