Putin: Russia to consolidate global leadership on nuclear energy

Amends condition for use of nuclear weapons

 

Admin I Friday, September 27, 2024

 

MOSCOW – President Vladimir Putin of Russia has said his country hopes to consolidate on its global leadership in nuclear energy next year and ensure its technological sovereignty across the entire fuel and energy sector.

“Next year, Russia will launch the New Nuclear and Energy Technologies national project in order to consolidate its global leadership in the nuclear industry and ensure its technological sovereignty across the entire fuel and energy sector”, Putin said in his speech at the  at the plenary session of the Russian Energy Week International Forum.

Recall that Russia has made  a number of amendments  in regards to defining the conditions for the use of nuclear weapons.

“ For instance, the draft Fundamentals [of Russia’s Nuclear Deterrence State Policy] expand the group of countries and military alliances subject to nuclear deterrence, as well as the list of military threats that require nuclear deterrence measures in order to be neutralized.

“ I would also like to particularly note that the updated document proposes that an aggression against Russia by any non-nuclear-weapon state involving or supported by a nuclear-weapon state should be considered as a joint attack on the Russian Federation by those states”, Putin said.

Putin in his speech  at the energy event said a multipolar development model is emerging today, sending a new wave of global growth for the rest of the 21st century.

This growth, he said will be concentrated in the BRICS countries, as well as the states that consider equal cooperation with due respect for national interests the promising way to proceed.

According to him, Russia remains a key player on the energy market, adding that over the past two and a half years, Russian companies were able to pivot to other markets in terms of oil, oil products, and coal supplies.

“ Friendly nations now account for over 90 percent of Russia’s energy exports, with totals remaining virtually the same as in 2021, except for natural gas.

“Russia is expanding energy cooperation in both geography and scale: new trade routes are being created to fast-track-growing markets, including EAEC and CIS states, as well as South Eurasia countries, natural gas supplies through the Power of Siberia pipeline are being increased, and LNG exports are still on the rise”, he said.

He explained that the share of foreign trade transactions denominated in the ruble is now close to 40 percent. “At the same time, as part of its cooperation with the BRICS countries, Russia is working on its own payment circuit that will provide conditions for servicing all foreign trade effectively and independently”.

He said Russia is ready to strengthen the technological sovereignty of its partners in the energy sector, building full-fledged research and production chains.

“This will open up additional opportunities for scientists and researchers, as well as the development of machine engineering and Russia’s energy sector in its entirety”, he said.