The Energy Industry and the Crisis
In: International affairs: a Russian journal of world politics, diplomacy and international relations, Volume 55, Issue 4
ISSN: 0130-9641
Provides the speeches of Valery Salygin of MGIMO University and of many other energy officials, discussing the need for sustainable energy policy among the CIS Member States in the backdrop of the world financial crisis and a great many other issues. To these ends, cooperation and long-term planning are paramount. Covers a brief history of the CIS Electric Energy Council and its accomplishments, such as a number of agreements, as that signed by Tajikistan and Russia in 2004 concerning the building of the Sangtuda-1 hydropower plant. Such joint investment projects will prove beneficial to bilateral communication as well as improvement of energy infrastructure. Other considerations include protection of the environment, the creation of profit in energy sales, further investment in capital structures, decommissioning of old and unreliable equipment and plants, and the increase of energy, amongst others. Adapted from the source document.