Report: Russia hopes to raise share of world energy market to 25% - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: Russia hopes to raise share of world energy market to 25%

ROME, Oct 11 (PRIME) -- Russia plans to raise its share of the international power market to 25%, Energy Minister Alexander Novak said in an interview to Italian daily La Stampa released on Thursday.

УRussia is a global energy superpower, it is a top exporter of gas and oil, and it holds 20% of this energy market. We plan to maintain our leadership, and we are working on the technological process in production and in (development of pipeline) infrastructure in Eastern and Western directions to achieve a market share of 25%,Ф he said.

УWe know about construction of (the Trans Adriatic Pipeline). Infrastructure should always improve, but Russian gas remains more competitive from the point of view of quality and price, it can to react to growing demand in Europe better, and it is more accessible for fast delivery in case of a winter emergency.Ф


11.10.2018 13:10
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 74.6816 -0.1335 21 feb
USD 65.8568 -0.3454 21 feb
Stock Market Indices
1D 1W 1M 1Y
rtsi 1194.40 +1.77 18:50 20 feb
micex 2487.82 +1.19 18:50 20 feb
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 154.43 +0.26 18:49 20 feb
lkoh 5445.00 +0.03 18:49 20 feb
rosn 402.90 -0.01 18:49 20 feb
sber 206.89 +2.38 18:49 20 feb
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 74.5350 -0.1100 14:59 20 feb
USDTD 65.7550 -0.4550 17:44 20 feb