Equatorial Guinea president attends Moscow gas summit
President Obiang Nguema Mbasogo joined leaders from gas-producing nations to discuss global market stability.
Equatorial Guinea's President attended a summit in Moscow focused on ensuring global gas market stability. The meeting at the International Trade Center brought together leaders and representatives from major gas producing and exporting countries. Russian President Vladimir Putin addressed the plenary session, highlighting natural gas's strategic importance.
Putin stated that natural gas currently accounts for about a quarter of global energy consumption. He presented forecasts suggesting that worldwide demand could reach five and a half trillion cubic meters annually by mid-century. The summit included Iran's President Masud Pezeshkian and Qatar's Emir Tamim bin Hamad Al Thani.
The summit aimed to foster cooperation among key players in the international gas sector. Discussions focused on strategies to maintain predictable supply and pricing in the global market.
Why it mattersPresident Obiang Nguema Mbasogo participated in a summit discussing global gas market stability.