On energy security of Russia and Europe

Energy security of Europe both at present and especially in future will be considerably determined by stability, efficiency and further development of the energy and fuel sectors of Russia. The paper dwells on energy situation in Russia; potential role of Russian energy resources in energy supply of Europe; significance of the European Energy Charter Agreement; attraction of Russian and foreign investors to finance construction of new energy and fuel facilities, reconstruction and upgrading od existinf power plants in Russia; issues of participation of Russian corporations in developing energy system abroad. Special emphasis is made on energy saving and energy efficience issues related to environment protection needs. Sober and detailed analysis of the situation in oil, gas and coal sectors is given. Power and nuclear energy potentials are reviewed. Priority measures fbr enhancing energy security are defined.