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Putin believes Russia has sufficient potential to enter Asia-Pacific Region’s gas market

At the same time the Russian President noted that “of course, we should think of developing energy in our country.”

CHITA, July 17 (Itar-Tass) - Russia has a sufficient potential to take its place on the gas market of the Asia-Pacific Region, President Vladimir Putin told reporters on Wednesday.

Russia eyes opportunities for entering the promising gas market of the Asia-Pacific Region.

“We can fill this niche,” he said. “We have all chances for this.”

Putin recalled that large-scale energy projects, where foreign companies participate, have been implemented on the Sakhalin Island for several years.

“We are satisfied with how our cooperation develops and all plans are being fulfilled,” he said. “Of course, we should think about developing energy in our country.”

Among priorities Putin named the development of gas supply infrastructure and of energy complexes in the Far East and the Baikal Territory.