First international prize for energy to be awarded since 2003

Global Energy Prize - the first international prize for energy will be awarded starting from 2003. The Russian president's information department said on Tuesday that Global Energy is the first prize in the world fundamental and applied science which will be awarded for outstanding developments in the energy sphere.

The prize has been established this year and will be awarded annually, starting from the year 2003. Financial support of the prize will be provided by Russia's major energy companies - Gazprom, Unified Energy Systems of Russia and YUKOS oil company.

Although the prize is established in Russia, citizens of any state can become its laureates. The prize's international committee includes leading scientists and experts from many countries of the world, members of international scientific organisations, including Nobel Prize winners in various fields.

Global Energy is called to stimulate theoretic and applied scientific research in the energy sphere, involve the world's leading specialists in tackling the most crucial energy-related problems, and to provide international public esteem for the role of scientists and scientific groups.

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