Putin said that the Russian Federation is examining the possibility of working together with American partners in the Arctic region. The Russian President also noted that any attempt to exclude the Russian Federation from the list of participants in the global gas market has serious consequences. According to him, first of all, such attempts may lead to huge costs for consumers. "You know, in Russia there is a proverb that says: "Don't dig a hole for someone else, otherwise you yourself will fall into it. "This is exactly what I think happened today in the countries of the European Union," said Vladimir Putin at the Gas Exporting Countries Forum in Moscow. According to him, the European Union itself is harming its industry and social sphere by refusing Russian gas. Additional statements by Putin: A quarter of the Earth's energy balance comes from gas; Global demand will increase to 5.5 trillion cubic meters per year by 2050. The Russian Federation ranks first in the world in terms of natural gas reserves. The GECF accounts for about 40% of global gas exports. Global gas prices have risen sharply, but may reverse. The Russian Federation proposes to expand the consultations within the forum of gas exporting countries on crisis phenomena in the global gas market and to coordinate approaches to supply. Explosions of Nord Stream gas pipelines are "direct acts of terrorism".

Putin said that the Russian Federation is examining the possibility of working together with American partners in the Arctic region. The Russian President also noted that any attempt to exclude the Russian Federation from the list of participants in the global gas market has serious consequences. According to him, first of all, such attempts may lead to huge costs for consumers. "You know, in Russia there is a proverb that says: "Don't dig a hole for someone else, otherwise you yourself will fall into it. "This is exactly what I think happened today in the countries of the European Union," said Vladimir Putin at the Gas Exporting Countries Forum in Moscow. According to him, the European Union itself is harming its industry and social sphere by refusing Russian gas. Additional statements by Putin: A quarter of the Earth's energy balance comes from gas; Global demand will increase to 5.5 trillion cubic meters per year by 2050. The Russian Federation ranks first in the world in terms of natural gas reserves. The GECF accounts for about 40% of global gas exports. Global gas prices have risen sharply, but may reverse. The Russian Federation proposes to expand the consultations within the forum of gas exporting countries on crisis phenomena in the global gas market and to coordinate approaches to supply. Explosions of Nord Stream gas pipelines are "direct acts of terrorism".