❗️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