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Asian Energy Ring project to contribute to Asia-Pacific security — ministry

The Russian Foreign Ministry says ensuring energy security is a priority of Russian policy in the Asia-Pacific region

MOSCOW, October 10. /TASS/. The Asian Energy Ring project could become a serious contribution to the provision of energy security in the Asia-Pacific region, Russian Deputy Foreign Minister Igor Morgulov said at the Asia Cooperation Dialog summit in Bangkok on Monday.

The text of the deputy foreign minister’s speech is posted on the Russian Foreign Ministry’s website.

Ensuring energy security is a priority of Russian policy in the Asia-Pacific region, Morgulov said.

"Our country makes stable deliveries of energy resources to partners for whom energy is a considerable factor of growth," the Russian diplomat said.

"The implementation of the project of the so-called Asian Energy Ring envisaging the deliveries of energy products from the Russian Far East to Asia-Pacific countries could become a serious contribution to ensuring the region’s energy security," he said.

"We’re convinced that this theme is topical for the Asian Cooperation Dialog as well," the Russian deputy foreign minister said.

The Asian Cooperation Dialog association was established in 2002 on the initiative of Thailand as a new instrument of inter-regional cooperation and is called upon in a perspective to become a leading structure of pan-Asian social and economic interaction.

The Asian Cooperation Dialog currently comprises over 30 Asian and Mideast states. The association’s first summit was held in Kuwait City in 2012.