❗️Key takeaways from statements by Russian President Vladimir Putin at the plenary session of the Russian Energy Week forum:

▪️The West tries to use illegal sanctions for its own benefit in the energy sector

▪️The West does not want competition because it is losing in a fair contest

▪️Europe and North America are losing their positions in the global economy

▪️The West uses the pretexts of ostensible Euro-Atlantic solidarity and a campaign for human rights

▪️The share of the ruble in Russia’s foreign trade settlements is approaching 40%

▪️BRICS countries are forming an effective, interference-free development platform, including in the energy area

▪️Friendly countries account for over 90% of Russia’s energy exports

▪️Russia is overcoming difficulties with export payments

▪️Russia’s energy plans will be implemented despite external attempts to prevent this

▪️Russia intends to help other countries develop their fuel and energy sectors, not merely sell energy resources

▪️Putin announces work on an independent “payment and settlement circuit” within BRICS to service all foreign trade

▪️Russia has one of the world’s greenest energy balances

▪️The West uses the climate agenda for its neocolonial interests

▪️Russia continues to play a key role in the energy market despite major challenges

▪️Putin demanded an updated energy strategy focused on long-term development to be ready within months

▪️Russia is fulfilling its obligations to supply energy resources to the global market and plays a stabilizing role

▪️One of the new national projects aims to consolidate Russia’s global leadership in the nuclear sector

▪️Russia will continue cooperation with OPEC+ and GECF partners