• 4 mintues Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen.
  • 7 minutes Forecasts for oil stocks.
  • 9 minutes Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 13 minutes European gas market to 2040 according to Platts Analitics
  • 1 hour Simple question: What is the expected impact in electricity Demand when EV deployment exceeds 10%
  • 6 hours America's pandemic dead deserve accountability after Birx disclosure
  • 20 mins Putin blocks Ukraine access to Black Sea after Joe blinks
  • 24 hours Today Biden calls for Summit with Putin. Will Joe apologize to Putin for calling him a "Killer" ?
  • 13 hours U.S. Presidential Elections Status - Electoral Votes
  • 2 days Fukushima
  • 3 days CO2 Mitigation on Earth and Magnesium Civilization on Mars – Just Add Water
  • 14 hours Biden about to face first real test. Russia building up military on Ukraine border.

Russia Unlikely to Join the International Energy Agency Soon

Gazprom head Aleksei Miller has said that its unlikely that Russia will join the International Energy Agency anytime soon.

Speaking on the sidelines of the St Petersburg economic forum Miller told reporters, "An invitation was today made to Russia to join the International Energy Agency. I think that Russia will not be joining it in the next 12 months. This is my forecast," adding that the IEA is an organization which "represents the interests of consumer countries and establishes their scenarios and strategies for energy market development" before concluding, "I believe that above all Russia should be developing a transparent and constructive dialogue with the International Energy Agency," Interfax news agency reported.

As the head of Russia’s largest state-owned energy company, Miller’s observations carry some weight.

IEA Executive Director Nobuo Tanaka observed, "We all really have a common interest. You cannot take oil in isolation from gas security, energy efficiency and electricity from renewable. The issues of energy security and climate change need to be tackled collectively and we think Russia and other key producers can learn a lot from (the IEA's) experience," adding that while Russia, an energy superpower, is currently viewed by the IEA as a "key non-member" country along with China and India, it would be nevertheless a good thing if Moscow became a “full member” of the IEA.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News