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Russia drafts concrete initiatives on energy for G8 summit - Putin

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"We will be ready for full-fledged participation in their practical implementation, including the financial participation of our [Russian] companies, as well as the government's [financial] participation, if this is necessary"

MOSCOW, March 16 (RIA Novosti) - Russia is preparing concrete initiatives on energy security as well as nuclear energy for the G8 club of rich nations summit in St. Petersburg, the Russian president said Thursday.

Vladimir Putin added that Russia was ready to fully participate in the implementation of the initiatives, including financing.

"We will be ready for full-fledged participation in their practical implementation, including the financial participation of our [Russian] companies, as well as the government's [financial] participation, if this is necessary," Putin said at a meeting with the energy ministers of the G8 member states.

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