CHITA — Russia has every chance of securing a place in the Asian gas market even while competition there is on the rise, President Vladimir Putin said, underlining Moscow’s shift in energy policy towards Asia.
“We are thinking about entering the promising market in the Asia-Pacific region. We should find our niche here; we have every chance of doing that,” Putin told journalists Wednesday in the Far Eastern town of Chita.
Putin said there was room for Russia on the Asian market despite shipments of liquefied natural gas (LNG) from the Middle East and new supplies from Australia.
“The Asia-Pacific region is developing rapidly. Its consumption is growing rapidly, and Russia can play a prominent role,” Putin said during a tour of the Far East and East Siberia to oversee military exercises and show its energy potential.