Russia is actively redirecting and expanding its export capacity toward the Asia-Pacific region, increasing supplies of oil, liquefied and pipeline natural gas, and coal, Tass reported, citing Energy Minister Sergei Tsivilev.
Speaking at the opening of the 16th APEC energy ministers' meeting, Tsivilev said the APEC platform is especially important to Moscow. Its economies account for more than half of global energy consumption, he noted, and the platform's decisions help shape the direction of balanced energy development.
He warned that the global energy market is facing unprecedented volatility, artificial restrictions and the politicization of energy supplies. Amid shifting supply chains and reconfigured partnerships, he said, Russia continues to develop its production and technological potential confidently and remains one of the key guarantors of global energy stability.
Tsivilev also called for a realistic approach to the climate agenda, saying natural gas, nuclear energy and hydropower should form the basis of a reliable and environmentally friendly energy supply. He added that about 60% of large companies in Russia's fuel and energy complex already use artificial intelligence technologies.
To build a fair and sustainable model of global energy development, he stated, sanctions, trade barriers and sabotage against critical infrastructure are unacceptable. Countries must work together to strengthen comprehensive cooperation, he concluded.