Page added on April 7, 2006
The energy ministers of the European Union (EU) have called on Russia to speed up the ratification of the Energy Charter, but Russia is not in a hurry to comply.
..Russia signed the charter in the early 1990s, but has not ratified it. The EU, which is the main consumer of Russian energy resources, was seriously alarmed by the Russian-Ukrainian gas conflict in January 2006 and, in attempts to protect its interests, has insisted that Russia ratify the treaty. However, Moscow considers its individual clauses too harsh and has called for amending it.
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