The International Energy Agency(IEA)has welcomed the G8 nations' focus on energy security.Mr.Claude Mandil,Executive Director of the IEA,on his return from the G8 Summit in St.Petersburg said,"We are delighted that G8 leaders have agreed to increase efforts to adopt ways that are technically feasible and economically justified to address tensions in energy markets and put the world on a more sustainable energy path."The G8 communique recognises the need for collective responsibility to address the world's energy challenges,including supply disruptions,through stronger policy coordination.The G8 'Outreach Session' offered the opportunity for the plus 5 countries and international organisations,including the IEA,to offer their views on the principles espoused in the G8 Statement on energy issued on July 16.
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