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Number of LNG importing countries to double within 10 years

Increasing use of energy efficiency measures in the world can save from $250 billion to $325 billion by 2030

DAEGU, October 16 (Itar-Tass) - The number of countries importing liquefied natural gas will double within 10 years and LNG exports will grow more than by half, Russian Energy Minister Alexander Novak told the 22nd World Energy Forum in South Korea’s Daegu on Wednesday.

“In the long run, all this will help strengthen global energy security and both producers and consumers are interested in this,” he said.

Increasing use of energy efficiency measures in the world can save from $250 billion to $325 billion by 2030, Russia's Energy Minister noted.

“It is quite appropriate to say that introduction of energy efficiency measures opens vast opportunities. According to expert estimates, increasing use of energy efficiency in the world can save from $250 billion to $325 million by 2030. This will also help reduce emissions of greenhouse gases by 12-17% as compared to a baseline scenario,” Alexander Novak emphasized.