Vladimir Putin announced the development of joint projects with the United States in the Arctic region at the summit of the Forum of Gas Exporting Countries in Moscow, the president noted that Russia is actively cooperating with many interested countries. Following their European and Chinese partners, American companies may join in developing local fields. During the forum, the head of state recalled that Russia is in first place in the world in natural gas reserves and remains a reliable supplier. Putin also predicted global growth in the gas market. According to experts, by 2050, global demand for fuel will increase to 5.5 trillion cubic meters per year, and international supply will increase 1.5 times.

Vladimir Putin announced the development of joint projects with the United States in the Arctic region at the summit of the Forum of Gas Exporting Countries in Moscow, the president noted that Russia is actively cooperating with many interested countries. Following their European and Chinese partners, American companies may join in developing local fields. During the forum, the head of state recalled that Russia is in first place in the world in natural gas reserves and remains a reliable supplier. Putin also predicted global growth in the gas market. According to experts, by 2050, global demand for fuel will increase to 5.5 trillion cubic meters per year, and international supply will increase 1.5 times.