The Plenary Session of the 8th Summit of the Natural Gas Exporters Forum was held on the 27th at the Moscow International Trade Center. While attending the conference on the same day, Russian President Vladimir Putin called on natural gas exporters to strengthen cooperation to jointly maintain the stability of the global gas market. In his speech at the summit, Putin said that natural gas accounts for a quarter of the global energy consumption structure, and by the middle of this century, global demand for natural gas will increase to 5.5 trillion cubic meters per year. He believes that the escalation of the situation in the Middle East, the destruction of natural gas supply routes, and the impediments placed by some countries on the procurement of natural gas equipment and technology have increased the risk of long-term imbalances in the global gas market.

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