Minister of Energy of the Russian Federation H E Nikolay Shulginov
Doha: Minister of Energy of the Russian Federation H E Nikolay Shulginov affirmed his country’s commitment to export natural gas continuously, pointing out its quest to invest in natural gas as an inexpensive energy source and the implementation of sustainable development goals.
In a speech at the opening session of the 6th Summit of GECF, he stressed the importance of taking measures to support sustainable development through the dissemination of modern energy and energy sources at affordable prices, adding that his country wants contemporary economies to ensure their sustainability to transition to the use of alternative energy sources in a smooth manner.
He indicated that the GECF member states are capable of finding effective and suitable solutions to the challenges facing gas production and clean environmental ones, adding that his country is committed to United Nations resolutions and the agreements it signed, and looks forward to cooperating to formulate energy policies, especially after the last climate conference.
“We are looking at natural gas as a cheap source of energy, and as the Russian Federation, we would like to assert our commitment to exporting natural gas without disruption, and we are also looking towards further investments in the natural gas sector,” Russian Ministry of Energy said.
He also emphasized the necessity to support research and studies in the natural gas production arena through looking at long-term gas contracts to maintain the market balance, noting that his country has 75 million trillion cubic meters of natural gas and it seeks to raise it to 120 trillion tons in the next decade.
He also noted that Russian companies are fully committed to existing contracts for gas supplies and are working on developing gas production and exporting it to other countries such as Germany, Turkey, France, and China via Siberia through a gas supply chain.
Transport services contributed to reducing carbon dioxide emissions, and Russia succeeded in reducing them by 8 percent compared to 1990 emissions, and will continue to do so, he added, stressing the role of natural gas in ensuring carbon neutrality and zero emissions.
