British Foreign Secretary William Hague and Russian Foreign Minister Sergei Lavrov met recently to discuss the possibility of Russia expanding natural gas exports to Britain. UPI reported Britain sees Russia as a "vital energy partner" to Europe.
British energy company BP has previously expressed interested in linking the Nord Stream natural gas pipeline to British ports. Currently, the pipeline runs from Russia through the Baltic Sea to Germany, according to UPI.
After meeting with Russian officials March 13, Hague said any project between Britain and Russia would have to adhere to existing regulations, Interfax reported.
"[A]ny contract for gas supply would be a commercial matter and would have to comply with relevant EU as well U.K. regulatory requirements," he said.
However, Hague did say that Europe needs to partner with international energy companies in order to develop its own oil and gas fields, the article stated.