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Shanghai Group moots energy pool

Vladimir Radyuhin

MOSCOW: The Shanghai Cooperation Organisation (SCO) will study setting up a regional energy market, the group said on Friday.

A communique adopted by the Prime Ministers of the SCO member states at a meeting in Dushanbe, Tajikistan, defined energy as a priority area for cooperation among the member states, along with transport, telecommunications, humanitarian affairs and trade.

The SCO, which unites Russia, China, Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan, will set up a working group to study an early establishment of an "SCO energy club." The findings of the group will be considered by the Energy Ministers of the member states at a meeting in 2007.

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