GAZPROM AND JAPANESE EMBASSY DISCUSS RUSSIAN GAS SUPPLIES TO ASIA-PACIFIC REGION

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MOSCOW, July 21 (RIA Novosti) - Alexander Ananenkov, deputy board chairman of the Gazprom holding, and Dzyun Niimi, minister of the Japanese embassy to Russia, have discussed the outlook for forming in East Siberia and the Far Eastern region a single system for the production and transport of gas, gas supply with account for the possibility of Russian gas exports to countries in the Asia-Pacific region. This is said in the Gazprom press release, circulated on Wednesday.

"The supply of Russian gas to states in the Asia-Pacific region on the basis of intergovernmental agreements from the single gas-supply system and through the single export channel will ensure reliability and long-term gas supplies to Asian consumers just as Russian gas is supplied to European consumers," Ananenkov said. His words are cited in the press release.

The two also considered the possibility of cooperation between Gazprom and Japanese companies in the field of gas-processing technologies and realization of relative joint projects in the east of Russia.

The world's fourth consumer of energy, Japan actually has no resources of energy. Thus, its prospected reserves of gas constitute only 40 billion cubic meters at the annual level of consumption at about 80 billion cubic meters. Gas constitutes 13 percent of energy consumption in Japan. By 2020 the figure will come up to 16 percent, international experts say.

Japan exports almost 100 percent of the consumed gas as liquefied natural gas, ranking the first in the world in such import.

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