Putins says Russia should pivot energy exports to Asia


Source: lenexweb.com lenexweb.com

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Putin said Russia should continue moving the direction of its energy exports to ‘fast-growing markets of the South and East’. Western countries attempting to exclude Russian energy suppliers will affect the world economy and Moscow should redirect its energy exports towards Asia, Russian President Vladimir Putin said. “We need to proceed on the basis that in the foreseeable future, supplies of energy to the West will be reduced,” Putin told a televised government meeting on the energy sector on Thursday. “We need to diversify exports,” he said. Western governments have imposed far-reaching sanctions on Russia’s financial sectors in retaliation for...