ECONOMY
CIS ENERGY MINISTERS TO MEET IN BRUSSELS TO APPROVE “INOGATE” FOR 2004-2006
In the frame of meetings, the energy ministers of Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Armenia, Turkmenistan, Ukraine and Uzbekistan will discuss new directions of development pf the “INOGATE” program, while the leadership of the European Commission will promulgate new initiative on expansion of regional cooperation in the energy sector.
It was noted that the “Program of activities of “INOGATE” for 2004-2006s” were worked up in connection with the necessity of re-orientation of the activities of this program in conformity with the changes in the energy policy of the European Commission. The changes are directed to cooperation with the international finance organizations and private investors to involve investments to the major projects of the oil-gas sector.