Get Updates
Get notified of breaking news, exclusive insights, and must-see stories!

Putin resists energy policy pressure before G8 meet

BERLIN, July 13 (Reuters) Russian President Vladmir Putin today resisted European pressure to open his country's energy sector to foreign firms ahead of a weekend meeting of Group of Eight leaders that is set to addres energy security.

Putin told German television network ZDF Russia would only be prepared to open up its energy sector if it was given equal access to markets abroad.

The European Union is pushing Moscow to commit to the terms of an energy charter that would oblige it to open up its energy sector to foreign firms. Moscow has resisted.

''If we at any time ratify those treaties, if our partners have access to the heart of our economy, then we also want to have access to the heart of their economy, so that this cooperation is equal,'' Putin told ZDF.

''We are ready to work together in the energy sector, but on an equal footing,'' he added in a transcript of the interview, which ZDF recorded on Tuesday and is due to broadcast later today.

Consumers of Russian energy have been concerned about its reliability as a supplier since gas flows to several European Union states were briefly disrupted in January.

For the summit, G8 countries have sidestepped a fight.

Diplomats say the final communique will echo the principles of the charter, without holding Russia to specific commitments.

REUTERS KD BST2030

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+