Sunday, June 24, 2007

Putin looks to gain lead in Balkan energy battle

(Reuters) - Russian President Vladimir Putin pledged on Sunday to help develop a Black Sea energy hub as the battle to control Europe's energy markets and supply routes moves to the Balkans.

At a Balkan energy summit held in Croatia, Putin said Russia, which supplies a quarter of Europe's gas, wanted to play a key role in all facets of energy supply and generation to the region, stressing Moscow's close cultural and historical ties.


Read more at Reuters Africa

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