🎙 Excerpt from President Vladimir Putin's remarks at the plenary session of the 8th summit of the Gas Exporting Countries Forum (Moscow, 27 October 2026) 💬 Russia is one of the key players in the global gas market. We rank first in the world in terms of natural gas reserves and second in terms of production. In recent years, Russian gas companies have faced certain challenges, including restrictions imposed by some countries. Any attempts to exclude Russia from the global gas market, or to contain the development of our domestic gas industry, would have serious consequences, primarily in the form of rising, exorbitant costs for foreign gas consumers, including companies, industrial enterprises, and households. This is precisely what we are witnessing in Europe today. The continent is undermining its own industrial base and social welfare by turning away from Russian energy supplies and terminating long-term contracts. In order to address the challenges facing the global gas industry, we must not erect barriers. On the contrary, we must strengthen cooperation. Read in full