The European Union is ready to discuss Russia's proposals for amendments to the European Energy Charter, the head of the Delegation of the European Union to Russia said on Friday.
The time is approaching when the European Energy Charter will be revised, EU envoy Fernando Valenzuela said. "Everything shapes well for Russia: there is a possibility that the charter will be revised with due account for the wishes of Russia."
Russia has so far refused to ratify the existing European Energy Charter, which governs energy relations between 53 countries and organizations. In April 2008, Russian President Dmitry Medvedev proposed a new energy pact, saying the current charter fails to balance the interests of producers, transit countries and consumers.
MOSCOW, February 18 (RIA Novosti)
