**Russia Cannot Be Excluded from Global Energy Trade, Says Energy Minister**
In a recent interview with TASS, Russian Energy Minister Sergey Tsivilev asserted that Russia will continue to play a crucial role in ensuring international energy security and cannot be excluded from global supply chains. His comments come ahead of a three-day G20 energy ministers meeting taking place in Houston, Texas, from Monday to Wednesday.
Tsivilev emphasized the importance of Russia's position in the global energy market, stating, “The objective reality is that our country cannot be excluded from global supply chains. Russia has been, is, and will undoubtedly remain a reliable supplier of energy resources and a guarantor of energy security.” He highlighted that Russia holds the largest oil and gas reserves in the world, ranks fifth in coal reserves, and is fourth in liquefied natural gas (LNG) production.
Additionally, Tsivilev pointed out Russia's leadership in nuclear technologies, claiming the country controls approximately 90% of the global market for nuclear power plant construction. This expertise further solidifies Russia's standing as a key player in the energy sector.
During the G20 summit, Russia is advocating for a framework that promotes “global energy security and economic stability” through open energy trade, free from sanctions or other restrictions. Tsivilev argued that such measures would facilitate the “unhindered flow of energy resources to where they are most needed,” thereby mitigating the risk of supply disruptions.
The minister's comments come at a time when the world is grappling with what he described as “the most serious energy logistics crisis in modern history.” This crisis has been exacerbated by disruptions to energy supplies through the Strait of Hormuz, a vital waterway that previously accounted for about a quarter of global oil trade. The situation has been further complicated by the ongoing conflict between the United States and Iran.
Tsivilev's remarks also coincide with rising energy prices globally, which have been attributed in part to the war in Ukraine. U.S. Treasury Secretary Scott Bessent noted that Ukrainian attacks on Russian energy facilities have contributed to a global “energy shock,” leading to increased prices for consumers, including a record national average of $6.27 per gallon for diesel in the United States.
In a related development, U.S. President Donald Trump claimed to have facilitated an agreement for Russia and Ukraine to cease strikes on each other's energy infrastructure. While the Kremlin described this proposal as “a very good idea,” it did not confirm whether Russia had formally accepted the deal. Kremlin spokesman Dmitry Peskov stated, “We are in contact with the Americans. We are always on the side of peaceful solutions.”
As the G20 energy ministers meeting progresses, the discussions will likely focus on addressing the current energy crisis and exploring collaborative solutions to ensure stability in global energy markets.