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Russia to diversify gas supplies in view of controversies with EU - Yanovsky

October 18, 2011, 18:22 UTC+3
"Supplies will be diversified to the Asia-Pacific region – to Korea and to China,” Deputy Energy Minister said
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PARIS, October 18 (Itar-Tass) —— Russia is going to diversify gas supplies and to re-orient part of them to countries in Asia and the Pacific, as there has been no reply to its proposals from the European Commission to this day and in view of the introduction of the “third energy package” in Europe, Russian Deputy Energy Minister Anatoly Yanovsky said on Tuesday. He is taking part in the ongoing enlarged ministerial meeting of the board of governors of the International Energy Agency.

“In cooperation with Europe there are emerging questions related to the rules of the third energy package, as well as the fact that our proposals for creating exclusive or special rules of implementing certain trans-border projects for gas and electricity supplies to Europe from Russia have regrettably received no support from the European Commission,” Yanovsky said.

“In a situation like this we, of course, shall activate our general pattern of gas industry development. The purpose of these efforts will be the diversification of gas export routes. Supplies will be diversified to the Asia-Pacific region – to Korea and to China,” Yanovsky said.

Diversification will also envisage an increase in the amounts of liquefied natural gas, which would increase the flexibility of export.

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