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-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: center" align="center">
-</p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><strong style=
-"mso-bidi-font-weight: normal"><span style="FONT-SIZE: 14pt"><font face=
-"Times New Roman">BASIR AHMED</font></span></strong></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><em style=
-"mso-bidi-font-style: normal"><font size="3"><font face="Times New Roman">(West
-Asian and African Studies,</font></font></em></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><em style=
-"mso-bidi-font-style: normal"><font size="3"><font face=
-"Times New Roman">School of International Studies,</font></font></em></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><em style=
-"mso-bidi-font-style: normal"><font size="3"><font face=
-"Times New Roman">Jawaharlal Nehru University</font></font></em></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><font size="3"><font face=
-"Times New Roman"><em style="mso-bidi-font-style: normal">New Delhi,
-110067</em>)</font></font></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font size=
-"3"><font face="Times New Roman">Prime Minister Manmohan Singh left for St
-Petersburg later this week to attend the G-8 Summit of industrialized nations
-with a heavy agenda that includes meetings with Russian President Vladimir
-Putin and US President George W Bush. Indian Prime Minister also held talks
-with some of the other leaders of the G8 that comprises Britain, Japan, France,
-Germany, Italy and Canada, besides the US and Russia, on the sidelines of the
-July 15-17 Summit on Global Energy Security. Concerns regarding Indias energy
-and energy supplies was the major issue of his talks. </font></font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font face=
-"Times New Roman" size="3">In the context of rising oil prices and market
-instability, the focus of the meeting largely remained around Indias energy
-security. The sense of urgency was quiet evident, India felt that more should
-be done to deal with the growing domestic energy demand and sustain supply
-security. India's search for energy security has assumed challenging
-dimensions. In the broad framework of India's approach towards its regional
-neighbours like Russia, New Delhi explored the prospects of energy cooperation.
-Its bilateral relations with G-8 countries including Russia is by and large
-cordial and cooperative. It has adopted innovative market strategies to harness
-on the changing world energy space and the discovered energy potential of new
-areas. New Delhi also tried to prod Moscow on giving oil and Natural Gas
-Corporation a stake in the major Russian oilfields. India said that, it is
-prepared to invest in developing oilfields in Russia that will give India one
-Million Barrels of crude per day.</font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font face=
-"Times New Roman" size="3">Russia, that holds the presidency of the G-8, has
-already placed global energy security high on the agenda. In a message posted
-on the official G-8 website, President Putin said, this year we plan to urge
-our partners to redouble efforts to ensure global energy security. We believe
-that today, it is crucial to find a solution to a problem, which directly
-influences the social and economic developments of all countries without
-exception. The initiatives to hold trilateral meeting on the sidelines of G-8
-Summit, is understood to have come from Russia, which is trying to position
-itself as a bridge between the Western world and the developing
-countries.</font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font face=
-"Times New Roman" size="3">Indias participation in the G-8 Summit at St.
-Petersburg reflects an effort to check the mounting domestic energy challenge.
-New Delhi availed this meeting as an opportunity for consultation on energy
-security issues, along with terrorism and stability in Central Asia. India also
-explored the potential areas for trilateral cooperation between India, China
-and Russia especially in the changing context of emerging energy markets in
-Asia. All the three parties agreed that, the efforts towards attaining energy
-sufficiency should be comprehensive and should stimulate stabilization of the
-global energy markets, development of innovation technologies, and use of
-renewable energy sources and protection of the environment.</font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font size=
-"3"><font face="Times New Roman">The trilateral meeting between India, Russia
-and China on the sidelines of G-8 Summit reflects the efforts to extract the
-energy market from the Western monopoly. Attempts were also being made to
-counter balance the unipolar world with a more decentralized multilateral
-system. The trilateral dialogue states that, there are big powers outside the
-region that has important stakes in the growing Energy Security challenges. How
-to secure stable and sufficient supplies of oil in an era of increased
-terrorist threat to energy infrastructure? Emerged as a major issue of concern
-in the meeting. </font></font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font face=
-"Times New Roman" size="3">India and China have been witnessing a steady
-increase in their energy consumption for over many years. Increasing economic
-growth characterized by high industrial activity has been the main reason
-behind it. Though consumption of coal accounts for a major share of the total
-energy use, imported petroleum takes an irreplaceable position in the energy
-mix of both countries. China's growth in oil consumption is now running close
-to 8 percent a year and, as a result, that country is now a major importer.
-Meanwhile, India, as the world's second-most-populous country, is also
-experiencing year-over-year consumption growth in excess of 8 percent. Hence,
-the key energy-related issues for these two countries are increasing energy
-dependency on imported oil, securities of energy supplies, and at affordable
-cost. India and China increasingly looks toward Russia for securities of their
-energy supplies. Russian energy has the capacity to feed India and China for
-the next several years.</font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font size=
-"3"><font face="Times New Roman">If India and China succeed in securing long
-term energy supplies through Russia, the whole South East Asia stands to gain.
-It will mean the continuation of the sizzling growth that has benefited the
-whole region. The recent participation of both these countries in St.
-Petersburg is the latest signal that geo-economics of energy is gaining over
-geopolitics of the region. India and China plan to sign pacts in the coming
-months for oil and gas projects in Russia. The geographical proximity of Russia
-and remoteness from the Persian Gulf energy geopolitics makes it more
-attractive destination for the import dependent countries in the Asian region.
-Indias ONGC has a 20% stake in exploration and development of the Sakhalin-I
-oil and gas field (in Russia), which has total recoverable reserves of 2.3 bn
-barrels of oil and 17 trillion cu ft of natural gas. Chinas energy strategy
-includes outmaneuvering other competitors from the region, especially India and
-Japan. Chinas $6 bn loan offer to Rosneft, its growing arms import from
-Russia, is a part of a larger strategy of cementing energy relations with
-Russia and keeping other competitors at bay. However, cooperation with China in
-jointly bidding for energy exports and increasing investments in Siberian and
-Sakhalin oil assets is certainly a good indication. </font></font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font size=
-"3"><font face="Times New Roman">Russia will have a considerable importance in
-Indias evolving energy calculus in the coming years, especially in the context
-of oil and gas imports. Apart from the stake in exploration and development in
-Sakhalin-I, India is keen to be involved in the Sakhalin-III project, operated
-by Royal Dutch Shell PLC and also to get a 20% stake in Yuganskneftgaz, a
-subsidiary of the now-expropriated Yukos oil company. </font></font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font face=
-"Times New Roman" size="3">India needs to take care of the following dimensions
-in considering energy import from Russia. First, Indias long-term energy
-interest in Russia, especially in the context of souring relations with Iran
-and growing instability in the West Asian region, Russia has come to holds a
-strategic importance, which shall continue over a period of time. Second, is
-the factor of Chinese competition in acquiring overseas energy. Irrespective of
-the fact that, China in principle supports joint bidding in oil and gas
-projects with India in Russia and around the world, its growing competition
-with India is a reality. For instance, India, was keen to import natural gas
-from Sakhalin, witnessed the heat of Chinese competition when the Russian oil
-company, Rosneft, asked it to make a commercially superior bid to the Chinese
-one to be considered for the export. Hence, India must frame its energy policy
-keeping in view the growing competition coming form China. Finally, Chinas
-energy strategy. Up till now China has displayed an aggressive energy policy.
-Its involvement in developing Gwadar Port on Pakistan's southwestern Makran
-coast of Balochistan, building Karakoram highway to bring oil and gas by road
-into western China. Its involvement in Myanmar to gain direct land access to
-the Southeast Asian nations and the Andaman Sea, in Angola, in Ecuador etc.
-indicates that India should tread cautiously.</font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font size=
-"3"><font face="Times New Roman"><span class="text1">In this phase of rapid
-economic growth, the countries agreed that, they must deal with energy in the
-framework of a global partnership for sustainable economic development.
-Attempts were also made to</span> find ways to improve the functioning of the
-oil and gas markets, facilitate energy transportation, promote dialogue between
-producers, consumers, and transit countries, accelerate the transition towards
-a post-oil era, and help the developing countries to move towards an
-ecologically responsible economic growth. Global threat requires global
-responses. It would be difficult to find a solution to the energy insecurity if
-different nations go on their own way, or go for unilateral and partial
-solutions. The world remains under the threat from supply disruptions. Hence
-the imperative for partnership in energy is even more today.</font></font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"><font face=
-"Times New Roman" size="3">Uninterrupted, sufficient, reliable, and secure
-supply of energy at prices reflecting economic fundamentals and market
-principles is one of the key development factors of the all national economies.
-There is a direct relationship between economic well being, way and quality of
-life and secure access to energy. The system of energy supply and demand has
-become truly global. This requires the strengthening of partnership between
-producing and consuming countries through continuous and constructive dialogue
-with common objective to ensure global energy security. Energy security should
-be pursued consistent with achieving the common developmental goals. It should
-aim at promoting adequate and reliable long term oil and gas supply to global
-markets, increasing energy efficiency both on the supply and demand side,
-improving environment, diversifying energy supply and demand mix.</font></p>
-<p class="MsoNormal" style=
-"MARGIN: 0in 0in 0pt; LINE-HEIGHT: 150%; TEXT-ALIGN: justify"></p>
-<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"></p>
+<p align="center" style=
+"margin: 0in 0in 0pt; line-height: 150%; text-align: center;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"><strong style=""><span style=
+"font-size: 14pt;"><font face="Times New Roman">BASIR <a href=
+"http://www.camgirl247.com">AH</a>MED</font></span></strong></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"><em style=""><font size=
+"3"><font face="Times New Roman">(WestAsian and African
+Studies,</font></font></em></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"><em style=""><font size=
+"3"><font face="Times New Roman">School of <a href=
+"http://www.camgirl247.com">International</a> Studies,</font></font></em></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"><em style=""><font size=
+"3"><font face="Times New Roman">Jawaharlal Nehru
+University</font></font></em></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"><font size="3"><font face=
+"Times New Roman"><em style="">New Delhi,110067</em>)</font></font></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3"><font face="Times New Roman">Prime Minister Manmohan
+Singh left for StPetersburg later this week to attend the <a href=
+"http://www.camgirl247.com">G</a>-8 Summit of industrialized nationswith a
+heavy agenda that includes meetings with Russian President VladimirPutin and US
+President George W Bush. Indian Prime Minister also held talkswith some of the
+other leaders of the G8 that comprises Britain, Japan, France,Germany, <a href=
+"http://www.camgirl247.com">Italy</a> and Canada, besides the US and Russia, on
+the sidelines of theJuly 15-17 Summit on Global Energy Security. Concerns
+regarding Indias energyand energy supplies was the major issue of his
+talks.</font></font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3" face="Times New Roman">In the context of rising oil
+prices and marketinstability, the <a href="http://www.camgirl247.com">focus</a>
+of the meeting largely remained around Indias energysecurity. The sense of
+urgency was quiet evident, India felt that more shouldbe done to deal with the
+growing domestic energy demand and sustain supplysecurity. India's search for
+energy security has assumed challengingdimensions. In the broad framework of
+India's approach towards its regionalneighbours like Russia, New Delhi explored
+the prospects of energy cooperation.Its bilateral relations with G-8 countries
+including Russia is by and largecordial and cooperative. It has adopted
+innovative market strategies to harnesson the changing world energy space and
+the discovered energy potential of newareas. New Delhi also tried to prod
+Moscow on giving oil and <a href="http://www.camgirl247.com">Natural</a>
+GasCorporation a stake in the major Russian oilfields. India said that, it
+isprepared to invest in developing oilfields in Russia that will give India
+oneMillion Barrels of crude per day.</font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3" face="Times New Roman">Russia, that holds the
+presidency of the G-8, hasalready placed global energy security high on the
+agenda. In a <a href="http://www.camgirl247.com">message</a> postedon the
+official G-8 website, President Putin said, this year we plan to urgeour
+partners to redouble efforts to ensure global energy security. We believethat
+today, it is crucial to find a solution to a problem, which directlyinfluences
+the social and economic developments of all countries withoutexception. The
+initiatives to hold trilateral meeting on the sidelines of G-8Summit, is
+understood to have come from Russia, which is trying to positionitself as a
+bridge between the Western <a href="http://www.camgirl247.com">world</a> and
+the developingcountries.</font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3" face="Times New Roman">Indias participation in the
+G-8 Summit at St.Petersburg reflects an effort to check the mounting domestic
+energy challenge.New Delhi availed this meeting as an opportunity for
+consultation on energysecurity issues, along with terrorism and stability in
+Central Asia. India alsoexplored the potential areas for trilateral cooperation
+between India, Chinaand Russia especially in the changing context of emerging
+energy markets inAsia. All the three <a href=
+"http://www.camgirl247.com">parties</a> agreed that, the efforts towards
+attaining energysufficiency should be comprehensive and should stimulate
+stabilization of theglobal energy markets, development of innovation
+technologies, and use ofrenewable energy sources and protection of the
+environment.</font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3"><font face="Times New Roman">The trilateral meeting
+between India, Russiaand China on the sidelines of G-8 Summit reflects the
+efforts to extract theenergy market from the Western monopoly. Attempts were
+also being made tocounter balance the unipolar world with a more decentralized
+multilateralsystem. The trilateral dialogue states that, there are big powers
+outside theregion that has important stakes in the growing Energy Security
+challenges. Howto secure stable and sufficient supplies of oil in an era of
+increasedterrorist threat to energy infrastructure? Emerged as a major issue of
+concernin the meeting.</font></font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3" face="Times New Roman">India and China have been
+witnessing a steadyincrease in their energy consumption for over many years.
+Increasing economicgrowth characterized by high industrial activity has been
+the main reasonbehind it. Though consumption of coal accounts for a major share
+of the totalenergy use, imported petroleum takes an irreplaceable position in
+the energymix of both countries. China's growth in <a href=
+"http://www.camgirl247.com">oil</a> consumption is now running closeto 8
+percent a year and, as a result, that country is now a major
+importer.Meanwhile, India, as the world's second-most-populous country, is
+alsoexperiencing year-over-year consumption growth in excess of 8 percent.
+Hence,the key energy-related issues for these two countries are increasing
+energydependency on imported oil, securities of energy supplies, and at
+affordablecost. India and China increasingly looks toward Russia for securities
+of theirenergy supplies. Russian energy has the capacity to feed India and
+China forthe next several years.</font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3"><font face="Times New Roman">If India and China
+succeed in securing longterm energy supplies through Russia, the whole South
+East Asia stands to gain.It will mean the continuation of the sizzling growth
+that has benefited thewhole region. The recent participation of <a href=
+"http://www.camgirl247.com">both</a> these countries in St.Petersburg is the
+latest signal that geo-economics of energy is gaining overgeopolitics of the
+region. India and China plan to sign pacts in the comingmonths for oil and gas
+projects in Russia. The geographical proximity of Russiaand remoteness from the
+Persian Gulf energy geopolitics makes it moreattractive destination for the
+import dependent countries in the Asian region.Indias ONGC has a 20<a href=
+"http://www.camgirl247.com">%</a> stake in exploration and development of the
+Sakhalin-Ioil and gas field (in Russia), which has total recoverable reserves
+of 2.3 bnbarrels of oil and 17 trillion cu ft of natural gas. Chinas energy
+strategyincludes outmaneuvering other competitors from the region, especially
+India andJapan. Chinas $6 bn loan offer to Rosneft, its growing arms import
+from Russia,is a part of a larger strategy of cementing energy relations with
+Russia andkeeping other competitors at bay. However, cooperation with China in
+jointlybidding for energy exports and increasing investments in Siberian and
+Sakhalinoil assets is certainly a good indication.</font></font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3"><font face="Times New Roman">Russia will have a
+considerable importance inIndias evolving energy calculus in the coming years,
+especially in the contextof oil and gas imports. Apart from the stake in
+exploration and development inSakhalin-I, India is keen to be involved in the
+Sakhalin-III project, operatedby <a href="http://www.goddessmaya.com">Royal</a>
+Dutch Shell PLC and also to get a 20% stake in Yuganskneftgaz, asubsidiary of
+the now-expropriated Yukos oil company.</font></font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3" face="Times New Roman">India needs to take care of
+the following dimensionsin considering energy import from Russia. First, Indias
+<a href="http://www.camgirl247.com">long-term</a> energyinterest in Russia,
+especially in the context of souring relations with Iranand growing instability
+in the West Asian region, Russia has come to holds astrategic importance, which
+shall continue over a period of time. Second, isthe factor of Chinese
+competition in acquiring overseas energy. Irrespective ofthe fact that, China
+in principle supports joint bidding in oil and gasprojects with India in Russia
+and around the world, its growing competitionwith India is a reality. For
+instance, India, was keen to import natural gasfrom Sakhalin, witnessed the
+heat of Chinese competition when the Russian oilcompany, Rosneft, asked it to
+make a commercially superior bid to the Chineseone to be considered for the
+export. Hence, India must frame its energy policykeeping in view the growing
+competition coming form China. Finally, Chinasenergy strategy. Up till now
+China has displayed an aggressive energy policy.Its involvement in developing
+Gwadar Port on Pakistan's southwestern Makrancoast of Balochistan, building
+Karakoram highway to bring oil and gas by roadinto western China. Its
+involvement in Myanmar to gain direct land access tothe Southeast Asian nations
+and the Andaman Sea, in Angola, in Ecuador etc.indicates that India should
+tread cautiously.</font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3"><font face="Times New Roman"><span class="text1">In
+this phase of rapideconomic growth, the countries agreed that, they must deal
+with energy in theframework of a global partnership for sustainable economic
+development.Attempts were also made to</span> find ways to improve the
+functioning of theoil and gas markets, facilitate energy transportation,
+promote dialogue betweenproducers, consumers, and transit countries, accelerate
+the transition towardsa post-oil era, and help the developing countries to move
+towards anecologically responsible economic growth. Global threat requires
+globalresponses. It would be difficult to find a solution to the energy
+insecurity ifdifferent nations go on their own way, or go for unilateral and
+partialsolutions. The world remains under the threat from supply disruptions.
+Hencethe imperative for partnership in energy is even more
+today.</font></font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"><font size="3" face="Times New Roman">Uninterrupted, sufficient,
+reliable, and securesupply of energy at prices reflecting economic fundamentals
+and marketprinciples is one of the key development factors of the all national
+economies.There is a direct relationship between economic well being, way and
+quality oflife and secure access to energy. The system of energy supply and
+demand hasbecome truly global. This requires the strengthening of partnership
+betweenproducing and consuming countries through continuous and constructive
+dialoguewith common objective to ensure global energy security. Energy security
+shouldbe pursued consistent with achieving the common developmental goals. It
+shouldaim at promoting adequate and reliable <a href=
+"http://www.goddessmaya.com">long term</a> oil and gas supply to globalmarkets,
+increasing energy efficiency both on the supply and demand side,improving
+environment, diversifying energy supply and demand mix.</font></p>
+<p style="margin: 0in 0in 0pt; line-height: 150%; text-align: justify;" class=
+"MsoNormal"></p>
+<p style="margin: 0in 0in 0pt;" class="MsoNormal"></p>