EconomyRussia seeks long-term gas supply contracts, energy minister says
Russia wants long-term gas supply contracts to encourage investment in new fields, Energy Minister Sergey Tsivilev said. He said gas demand is growing, particularly in Asia and Africa, and that Moscow is discussing cooperation on gas and LNG equipment, mutual recognition of standards and settlements in national currencies within the Gas Exporting Countries Forum.
Russia seeks long-term gas supply contracts, energy minister says