Statements by Russian President Vladimir Putin at the plenary session of the GECF Summit: The role of natural gas as the mainstay of global energy in international trade will only grow stronger. Each country determines what type of production to develop, but a quarter of the Earth's energy balance comes from gas. The countries participating in the GECF account for 70% of the world's gas reserves. Any attempt to exclude the Russian Federation from the list of participants in the global gas market has serious consequences, including increased costs for other countries. Europe itself is harming its industry and social sphere by refusing Russian gas. The dialogue between the GECF countries develops without intrigue behind the scenes and attempts to manipulate the market. The Russian Federation is one of the main players in the world gas market and ranks first in natural gas reserves. Putin called for an appeal against direct acts of terrorism by Nord Stream. The main problem of the gas market in the world today is related to the supply failure; Large amounts of supply have come off the market. About half of the world's gas trade is already accounted for by LNG. The Russian Federation is exploring the possibility of working together with the United States in the Arctic region. Global fuel prices have risen sharply, but may reverse. The Russian Federation is a responsible supplier of gas abroad, a reliable partner. Putin addressed the consequences of Europe's refusal of Russian energy resources by saying "don't dig a hole for someone else". Putin invited gas-exporting countries to work on streamlining fuel supply routes. The Russian Federation proposes to expand consultations with gas exporting countries, assess risks and coordinate approaches to supply. The Russian Federation is systematically strengthening its technological sovereignty, including in the field of gas. The Russian Federation is open to cooperation and exchange of developments in the gas field. The Russian Federation has taken a big step in the development of LNG technologies. GECF participants and observers have the resources to solve the toughest problems in the gas industry. We are at MAX.

Statements by Russian President Vladimir Putin at the plenary session of the GECF Summit: The role of natural gas as the mainstay of global energy in international trade will only grow stronger. Each country determines what type of production to develop, but a quarter of the Earth's energy balance comes from gas. The countries participating in the GECF account for 70% of the world's gas reserves. Any attempt to exclude the Russian Federation from the list of participants in the global gas market has serious consequences, including increased costs for other countries. Europe itself is harming its industry and social sphere by refusing Russian gas. The dialogue between the GECF countries develops without intrigue behind the scenes and attempts to manipulate the market. The Russian Federation is one of the main players in the world gas market and ranks first in natural gas reserves. Putin called for an appeal against direct acts of terrorism by Nord Stream. The main problem of the gas market in the world today is related to the supply failure; Large amounts of supply have come off the market. About half of the world's gas trade is already accounted for by LNG. The Russian Federation is exploring the possibility of working together with the United States in the Arctic region. Global fuel prices have risen sharply, but may reverse. The Russian Federation is a responsible supplier of gas abroad, a reliable partner. Putin addressed the consequences of Europe's refusal of Russian energy resources by saying "don't dig a hole for someone else". Putin invited gas-exporting countries to work on streamlining fuel supply routes. The Russian Federation proposes to expand consultations with gas exporting countries, assess risks and coordinate approaches to supply. The Russian Federation is systematically strengthening its technological sovereignty, including in the field of gas. The Russian Federation is open to cooperation and exchange of developments in the gas field. The Russian Federation has taken a big step in the development of LNG technologies. GECF participants and observers have the resources to solve the toughest problems in the gas industry. We are at MAX.