Global energy bosses send Trump a message: world needs Russian gas

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By Dmitry Zhdannikov and Denis Pinchuk

MOSCOW (Reuters) – Global energy bosses assembled in Moscow on Wednesday said the world needed Russian gas to keep the lights on, in a clear message to U.S. President Donald Trump who has warned he may impose sanctions on Russian gas export projects.

Trump’s administration, citing what it calls Russia’s failure to act as a good global citizen, has said it may take steps to block the Nord Stream 2 gas pipeline, which will increase the volumes Russia can export to northern Europe.

The U.S. position has prompted a backlash from the Kremlin, and from business groups in Germany, and on Wednesday leading figures in the global energy industry attending a forum in the Russian capital joined the chorus.

Read more at : https://www.investing.com/news/commodities-news/global-energy-bosses-send-trump-a-message-world-needs-russian-gas-1633519

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