Any attempt to exclude Russia from the world gas market has serious consequences, -. Putin Additional statements by the President of Russia at the Gas Exporting Countries Forum (GECF) in Moscow: Gas makes up a quarter of the Earth's energy balance, and global demand will increase to 5.5 trillion cubic meters per year by 2050; Russia ranks first in the world in natural gas reserves; Russia is a responsible gas exporter, a reliable and predictable partner; The GECF is responsible for about 40% of global gas exports; Any attempt to exclude Russia from the global gas market has serious consequences; Europe hurts its industry and social sphere by refusing Russian gas; Global gas prices have risen sharply, but may fall back; Destroying the Nord Stream pipeline is a direct act of terrorism.

Any attempt to exclude Russia from the world gas market has serious consequences, -. Putin Additional statements by the President of Russia at the Gas Exporting Countries Forum (GECF) in Moscow: Gas makes up a quarter of the Earth's energy balance, and global demand will increase to 5.5 trillion cubic meters per year by 2050; Russia ranks first in the world in natural gas reserves; Russia is a responsible gas exporter, a reliable and predictable partner; The GECF is responsible for about 40% of global gas exports; Any attempt to exclude Russia from the global gas market has serious consequences; Europe hurts its industry and social sphere by refusing Russian gas; Global gas prices have risen sharply, but may fall back; Destroying the Nord Stream pipeline is a direct act of terrorism.