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26/06/2003
Blair and Putin agree trade and environmental goals
Growing economic ties between the UK and the Russian Federation were strengthened today as the countries' leaders agreed to work together on increasing investment and development in energy.
Speaking at the opening of the Russia-UK energy summit at Lancaster House, Prime Minister Tony Blair celebrated the long-established and growing partnership with Russia which has helped bring security and prosperity to both countries.
"The UK's relationship with Russia is one of our most important international partnerships," said Mr Blair. "Working together we can achieve our mutual goals of global stability, economic growth, and international development as well as helping each other to reach our own goals - the sure sign of a true partnership."
Today's summit, jointly hosted by the UK Department of Trade and Industry (DTI) and the Ministry of Energy of the Russian Federation, provided the forum for agreement on several commercial and diplomatic agreements between the two countries.
Mr Blair hailed the recent reforms in Russia's energy sector, overseen by President Putin, as a "concrete testament to the UK's long-term confidence in Russia". He noted the growing involvement of British companies. Recent investments in the energy sector - particularly by BP and Shell - have made the UK the largest overseas investor in Russia, with trade last year worth £3 billion.
With its huge reserves and proximity to the UK, Russia will play an important part in guaranteeing secure and stable energy supplies.
The proposals to create a North European gas pipeline from Russia to the UK were welcomed by the UK today, with the signing of a formal agreement on co-operation by UK Energy Minister Stephen Timms and Russian Energy Minister Igor Yusofov.
(SP)
Speaking at the opening of the Russia-UK energy summit at Lancaster House, Prime Minister Tony Blair celebrated the long-established and growing partnership with Russia which has helped bring security and prosperity to both countries.
"The UK's relationship with Russia is one of our most important international partnerships," said Mr Blair. "Working together we can achieve our mutual goals of global stability, economic growth, and international development as well as helping each other to reach our own goals - the sure sign of a true partnership."
Today's summit, jointly hosted by the UK Department of Trade and Industry (DTI) and the Ministry of Energy of the Russian Federation, provided the forum for agreement on several commercial and diplomatic agreements between the two countries.
Mr Blair hailed the recent reforms in Russia's energy sector, overseen by President Putin, as a "concrete testament to the UK's long-term confidence in Russia". He noted the growing involvement of British companies. Recent investments in the energy sector - particularly by BP and Shell - have made the UK the largest overseas investor in Russia, with trade last year worth £3 billion.
With its huge reserves and proximity to the UK, Russia will play an important part in guaranteeing secure and stable energy supplies.
The proposals to create a North European gas pipeline from Russia to the UK were welcomed by the UK today, with the signing of a formal agreement on co-operation by UK Energy Minister Stephen Timms and Russian Energy Minister Igor Yusofov.
(SP)
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UK consumers urged to save £96m-a-week
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UK solar gets £2.2m grant boost
Energy Minister Stephen Timms today announced a further £2.2 million in funding awards for solar energy projects throughout the UK. Twenty-four projects were chosen for funding at a grant cost of just over £2.2 million resulting in almost 650kWp being directly funded in this round. (Kilowatt peak (kWp) is the maximum power output on a sunny day.
UK solar gets £2.2m grant boost
Energy Minister Stephen Timms today announced a further £2.2 million in funding awards for solar energy projects throughout the UK. Twenty-four projects were chosen for funding at a grant cost of just over £2.2 million resulting in almost 650kWp being directly funded in this round. (Kilowatt peak (kWp) is the maximum power output on a sunny day.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
