Gazprom ready to meet rising APEC country energy demand
HONOLULU. Nov 14 (Interfax) - The need for burnable energy resources in Asia-Pacific Economic Cooperation (APEC) countries will grow 80% by 2030, and Gazprom is getting ready to meet rising demand in the region, company CEO Alexei Miller told reporters on the sidelines of the APEC summit in Honolulu.
"Gazprom has firm plans for long-term cooperation with countries in this region, and the implementation of the Eastern Gas Program will create the export capacity needed for this," Miller said.
"The main priority in the creation of our eastern export corridor is the production of LNG [liquefied natural gas], and the APEC countries will become a consumer. It can be confidently stated today that the meetings and negotiations taking place during the summit will be a basis for inter-regional energy integration," Miller said.