We need to think about ending conflicts and removing sanctions to stabilize the situation in the gas market - Russian President Putin said that stability in world markets, including the global gas market, is of great importance, because we need to think "about large-scale investments". "And you and I understand: large-scale investments are possible only when there is a stable demand and there is an opportunity to sell the resources extracted after huge investments in their production. And here, of course, we need to think about ending the ongoing conflicts and removing the sanctions regimes," said Vladimir Putin at the Eighth Summit of the Gas Exporting Countries (GECF). According to him, all sanctions, as a rule, are used for unfair competition. "In the end, this leads to serious consequences for everyone, especially for those who impose these sanctions," Putin said.

We need to think about ending conflicts and removing sanctions to stabilize the situation in the gas market - Russian President Putin said that stability in world markets, including the global gas market, is of great importance, because we need to think "about large-scale investments". "And you and I understand: large-scale investments are possible only when there is a stable demand and there is an opportunity to sell the resources extracted after huge investments in their production. And here, of course, we need to think about ending the ongoing conflicts and removing the sanctions regimes," said Vladimir Putin at the Eighth Summit of the Gas Exporting Countries (GECF). According to him, all sanctions, as a rule, are used for unfair competition. "In the end, this leads to serious consequences for everyone, especially for those who impose these sanctions," Putin said.