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No one in world has LNG technologies like Russia — Putin

The Russian president added that Gazprom's cooperation with Chinese partners is not limited to supplies

VLADIVOSTOK, September 5. /TASS/. No one else in the world has such technologies for liquefying natural gas that have been developed by the Russian company Novatek, President Vladimir Putin said at the plenary session of the Eastern Economic Forum (EEF).

"When we talk about mineral resources, there is a primitive understanding that a hole was drilled, oil started flowing, and the same thing with gas. Here sits Mr. [Novatek board chairman Leonid] Mikhelson, he knows what liquefied natural gas is. The technologies he has achieved do not exist in the world. This is a high-tech sphere," Putin said.

The same applies to the gas sector, he noted, adding that Gazprom's cooperation with Chinese friends and partners is not limited to supplies. "They have a so-called strategic partnership, which consists of people working together on high-tech areas, including gas. And there is a lot to work on there. A large number of high-tech solutions must be implemented there to make sure that all this is effective and as profitable as possible for both those who supply and those who buy," Putin said.

The 10th Eastern Economic Forum is taking place in Vladivostok from September 3 to 6 under the theme "The Far East: Cooperation for Peace and Prosperity." The business program features more than 100 thematic sessions divided into seven tracks. The forum has brought together over 4,500 participants from more than 70 countries and territories. The Roscongress Foundation is the organizer of the EEF, with TASS as its general information partner.