-Russian Energy Week
Statements made during Russian Energy Week in Moscow on Oct. 2-6 October formed Russia’s items for discussion last week.
In Russian President Vladimir Putin’s speech on the global political developments and energy markets during the forum, he said the attacks on Saudi Aramco plants, which caused huge oil output losses in the Saudi Arabian market, were short-lived with production returning quickly to pre-attack levels.
“The attackers could not achieve their goals," Putin said.
He pointed the finger at the U.S., which he said was historically opposed to energy cooperation between Europe and Russia.
He cited the Nord Stream 2 pipeline project in this context and added that the U.S. even tried to sabotage the first pipeline agreement with Germany in the 1960s.
- Russia can extend transit agreement with Ukraine
Commenting on the supply of Russian gas to Ukraine, Putin explained that if Ukraine manages to implement European legislation on energy before the end of the year when the natural gas supply agreement between the two countries and the delivery of Russian gas to Europe via Ukraine will expire, Russia can extend the transit agreement with Ukraine for a year under European legislation.
Putin also commented on the developments following news of U.S. Donald Trump’s possible impeachment resulting from his request to President of Ukraine Vladimir Zelensky to investigate his presidential rival Joe Biden and his son, Hunter Biden, who sat on the board of Ukraine's largest private natural gas producer, Burisma Holdings.
"I do not see a dangerous situation in the discussion between Trump and Zelensky. Trump asked his colleague to investigate corruption. All states should do so. You can be sure there is nothing to put Trump in jeopardy during that discussion," he asserted.
Turkey’s Minister of Energy and Natural Resources Fatih Donmez, who spoke to reporters on the sidelines of the energy forum, said the Turkish Electricity Generation Joint Stock Company (EUAS) is still working on the Akkuyu Nuclear Power Plant project. He also said the decision would be taken as to whether EUAS will join the nuclear project as a shareholder after the necessary studies are complete.