https://sputnikglobe.com/20240926/russian-ministry-of-energy-says-necessary-to-create-common-energy-strategy-for-brics-1120298813.html
Russia Highlights Need to Create Common Energy Strategy for BRICS
Russia Highlights Need to Create Common Energy Strategy for BRICS
Sputnik International
There is a need to create a common energy strategy for BRICS, Russian Energy Minister Sergei Tsivilev said on Thursday.
2024-09-26T12:33+0000
2024-09-26T12:33+0000
2024-09-26T14:04+0000
economy
sergei tsivilev
russia
brics
ministry of energy
renewable energy
coal
coal industry
oil market
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«In the long term, dear colleagues, I consider it very important to create a common energy strategy for BRICS,» Tsivilev said at a meeting with BRICS energy ministers on the sidelines of the Russian Energy Week international forum.The minister emphasized that the BRICS countries «play a crucial role in the global energy agenda» and hold leading positions in both conventional and renewable energy. According to Tsivilev, the BRICS countries dominate the global coal market – with a share of about three quarters of global production and consumption. The share of natural gas production and consumption is about 40% of the world total. With the expansion of the association this year, the role of the BRICS in the global oil market has also increased significantly: the BRICS countries account for more than 40% of global oil production and about 40% of global consumption of oil products, he concluded.
russia
2024
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brics enlargement, brics expansion, ethiopia joins brics, ethiopia in bricks, ethiopia becomes brics member, what countries are in brics, new brics members, what’s brics, what does brics do, brics currency, brics payment system, brics summit, russian presidency over brics, russia’s presidency at brics
MOSCOW (Sputnik) – There is a need to create a common energy strategy for BRICS, Russian Energy Minister Sergei Tsivilev said on Thursday.
«In the long term, dear colleagues, I consider it very important to create a common energy strategy for BRICS,» Tsivilev said at a meeting with BRICS energy ministers on the sidelines of the Russian Energy Week international forum.
