
@ RIA Novosti
Russian Energy Minister Sergei Tsivilev emphasized the importance of the GECF.
All countries in the world should have free access to gas, technologies, and financial instruments. Such issues are discussed within the framework of the Gas Exporting Countries Forum (GECF) and are subsequently implemented.
The GECF Summit is a platform where key decisions are made, in particular issues related to gas development. When pressure begins to be exerted on certain countries, it leads to irreparable consequences and to a sharp rise in energy prices, which affects all economies of the world.
Even for gas producers, these price spikes are significant — they are also unprofitable. We need to work steadily and consistently, with a clear understanding of price forecasts — thus efficient production can be established.