Russia to increase energy exports to Asia-Pacific
Russia would increase exports of oil and natural gas to the Asia-Pacific to counterbalance instability in supplies from the Middle East, according to an APEC expert.
The proposed increase was expected to account for between 22 and 25 percent of Russia’s total exports by 2020, Russian APEC Study Centre deputy director Gleb Ivashentsov said at the ongoing 2012 Asia-Pacific Economic Cooperation forum.
Russia is ready to participate in the development of the Asian energy sector, including joint projects to build nuclear power plants, he said.