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Events

Russian President Vladimir Putin and British Prime Minister Tony Blair opened a Russian-British Energy Conference

June 26, 2003
12:50
London
President Putin with British Prime Minister Tony Blair before opening of the International Energy Conference “Russia-UK: Long-Term Partnership.”
President Putin with British Prime Minister Tony Blair before opening of the International Energy Conference “Russia-UK: Long-Term Partnership.”

The International Energy Conference “Russia-UK: Long-Term Partnership” is taking place at Lancaster House in central London and is timed for the official visit of the Russian President to Great Britain. Taking part in the forum are the heads of major oil and gas companies, the energy ministers of the two countries, experts and journalists.

Speaking at the conference Vladimir Putin described Britain as one of Russia’s most significant European partners. The relations between the two countries are attaining the level of a strategic partnership, the President said.

Vladimir Putin stressed that British investments in Russia had grown by 50 percent this year compared with last year. If British Petroleum and Shell go ahead with their plans to invest $17 billion in the Russian economy it may make Britain the number one investor in Russia.

During the Conference a series of documents were signed including a memorandum on cooperation on the North-European Gas Pipeline and a framework agreement on the creation of the company TNK-BP.

On the eve of the Conference Vladimir Putin and Tony Blair met with representatives of the top energy companies of the two countries: the head of British Petroleum, Lord Brown, the head of Shell, Sir Phillip Watts, Gazprom President Alexei Miller and the head of YUKOS, Mikhail Khodorkovsky.

See also

Russian-British documents signed during the Russian President’s official visit to Great Britain
June 24, 2003
Speech at the International Energy Conference, Russia-Britain: Long-Term Partnership
June 26, 2003
State Visit to the UK
June 22 − 26, 2003

Publication status

Published in section: News

Publication date: June 26, 2003, 12:50

Direct link: en.kremlin.ru/d/28915

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Official Website of the President of Russia:

Russian President Vladimir Putin and British Prime Minister Tony Blair opened a Russian-British Energy Conference

http://en.kremlin.ru/events/president/news/28915

Last updated at March 20, 2015, 17:59

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