❗Key takeaways from statements by Russian President Vladimir Putin at the Gas Exporting Countries Forum (GECF) summit:

▪The sabotage of the Nord Stream pipelines constituted direct acts of terrorism

▪Russia is exploring opportunities for joint cooperation with the United States in the Arctic

▪Natural gas will assume a growing role in the global energy supply

▪Natural gas makes up a quarter of the world’s energy mix

▪Global gas prices have risen sharply but could decline again

▪Russia possesses the world’s largest natural gas reserves

▪Russia remains a responsible gas supplier tointernational markets and a reliable partner

▪Any attempts to exclude Russia from the global gas market carry serious consequences

▪Europe is damaging its own industry and social sector by turning away from Russian energy supplies

▪Europe’s rejection of Russian energy supplies is a case of “Don’t dig a pit for others and fall into it oneself”

▪Gas-exporting countries should seek ways to streamline fuel supply routes

▪Consultations among gas-exporting countries should be broadened to assess risks and coordinate supply policies

▪Russia is systematically enhancing its technological sovereignty, including in the gas sector

▪Moscow is willing to cooperate and sharetechnological developments in the gas sector

▪Russia has achieved substantial advances in developing LNG technologies

▪GECF member and observer countries have the resources to tackle the gas industry’s most complex challenges