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It is necessary to ensure that Russian companies enter the growing markets of the Asia-Pacific Region - Putin

To create conditions for guaranteed growth of the country's economy, it is necessary, first of all, “to pay attention to the regions of Eastern Siberia and the Far East”, as well as to ensure the entry of Russian companies into the growing markets of the Asia-Pacific region. This was stated by Russian President Vladimir Putin in Astrakhan, at a meeting of the commission on the development strategy of the fuel and energy complex and environmental safety. The transcript of the meeting was published by the Kremlin press service.

“We need to expand the resource base for oil and gas production in Siberia and the Far East. The saturation of our domestic market and an increase in export volumes to the Asia-Pacific countries with growing demand will largely depend on the development of new fields, ”Vladimir Putin stressed. In this regard, another priority task arises: "to provide the appropriate infrastructure for the strategic exit of the fuel and energy complex in the eastern direction."

In this regard, the President noted that the conclusion of a long-term gas contract with China would entail the expansion of the gas transportation system. “The new capacities will not only significantly strengthen our positions in the markets of the Asia-Pacific region. It is extremely important that they should help us to gasify the regions of Eastern Siberia and the Far East, should give a powerful impetus to the development of these territories, ”Putin said.

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