Monday, March 5, 2012

Putin Vows to Smooth Energy Deliveries

SOCHI, Russia - Russian President Vladimir Putin on Sunday pledged to reduce Russia's dependence on transit countries to ensure smooth energy deliveries and said his country would insist on playing by market rules in the energy sphere.

Meanwhile, German Chancellor Angela Merkel, who met with Putin in his residence in the Black Sea resort city of Sochi, stressed Russia's importance as an energy provider to Europe and called for "irritations" in supplies to be avoided.

"We will in the most active way possible develop our transport network in order to have the opportunity to deliver our resources to our main consumers directly," Putin said at the end of talks with German …

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