Putin called the explosions targeting the Nord Stream pipelines direct acts of terrorism. Additional statements by the president at the Gas Exporting Countries Forum (GECF): The global gas industry faces uncertainty: prices have risen sharply, but they may fall just as much; Russia is a responsible gas exporter and a reliable and predictable partner; Any attempt to exclude Russia from the global gas market will have serious consequences, and above all, excessive costs for consumers; "Don't dig a hole for someone else, otherwise you might fall into it yourself" (on Europe's limitations and the energy situation in the region); Investment in the gas industry should be long-term and based on long-term gas supply contracts; Russia proposed expanding consultations within the GECF on crises in the global gas market, coordinating approaches to energy supply, and examining ways to optimize fuel supply routes; Russia is exploring the possibility of working with the United States in the Arctic region.