We've started working out systemic long-term measures for strengthening energy security, as set down in the presidential decree of 27 December 2005, which envisages an integrated approach to this issue.

This issue will be further discussed in the negotiation process to ensure access to the facilities during the inventory in strict compliance with the contractual obligations and the legislation of both countries.

That deepens the manifestation of legal nihilism in the country.

When you start to think about energy security, you must discuss global energy security, because there is no other type.

Energy is an issue of national security in which governments, and the state companies that they have established, are likely to be involved for a long time.

The price hike comes as crude oil costs continue to climb on energy security woes involving Iran and Nigeria. In fact, crude oil was trading above $65 per barrel this week - a level not seen since the hurricanes of 2005.