facebook
twitter
rss
account
search
search
 

India, Russia to work closer with IEA

Oct. 19, 2011 at 8:14 AM   |   Comments

PARIS, Oct. 19 (UPI) -- India and Russia, on the sidelines of a high-level conference in Paris, signed deals to work closer with the IEA on energy matters, the agency said.

The International Energy Agency sponsored a meeting in Paris that focuses on energy security and sustainability, as well as closer engagement with non-member states.

India and the IEA agreed to work more closely on developing an oil stockholding regime and emergency response policies, the agency said.

Officials at the U.S. Energy Information Administration in September said economic growth in India was expected to account for a large portion of the projected increase in world energy use over the next 25 years. The Organization of the Petroleum Exporting Countries, in its October report, however, said it saw slower growth and subsequent lower demand from the region.

Russian officials and the IEA agreed to work more closely on energy efficiency matters and issues related to renewable energy, the agency said. Russia has some of the largest oil and natural gas deposits in the world.

Both countries are existing partner countries to the IEA, meaning they're not members but work closely with the agency.

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Navy tests MQ-8C unmanned helos Navy tests MQ-8C unmanned helos
2
Europe must drop the euro, Germany abandon mercantilism Europe must drop the euro, Germany abandon mercantilism
3
FBI arrests Google employee accused of nude photo scam FBI arrests Google employee accused of nude photo scam
4
Harris selected for geospatial data products Harris selected for geospatial data products
5
Sweden plans to replace its Defense and Security Export Agency Sweden plans to replace its Defense and Security Export Agency
Trending News
Around the Web
x
Feedback