Finance

Putin: Gazprom’s plans coincide with Russia’s priorities

Russian President Vladimir Putin attended the 30th anniversary event of the Russian energy company Gazprom via videoconference.

Pointing out that the global demand for natural gas has nearly doubled in the last 30 years, Putin said, “According to the forecasts of experts, it will increase by at least 20 percent in the next 20 years. (In energy) In the transformation process, the demand will be huge. More than half of this growth will take place in the Asia-Pacific region, especially in China, given the growth rate of its economy.” he said.

Emphasizing that the development of the natural gas infrastructure in eastern Russia is of strategic importance in the light of these developments, Putin said, “This includes the gas production centers in Yakutsk and Irkutsk, the Amur gas processing plant under construction, the new capacity with the Kovitka gas field put into service last December. The Power of Siberia pipeline is included.” said.

Noting that Gazprom is faced with huge and complex tasks in the field of international cooperation and exports, Putin said, “This is about restructuring logistics routes and gaining ground in new markets. Just yesterday we spent almost two hours with Aleksey Borisovich (Gazprom President Aleksey Miller) discussing all these plans with our potential partners.” used the phrases.

Underlining that Gazprom develops long-term plans, Putin said, “Gazprom’s long-term plans are always forward-looking, designed for the coming years, even decades. This fully coincides with the national interests, ambitions and priorities of Russia as a major power from the dominant centers of the multipolar world.” said.

Putin said that despite unfair competition conditions and direct interventions in its development from outside, Gazprom continues to move forward and develop new projects.

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