Russia’s oil is key to development of global economy

The future development of the global economy is impossible without Russia’s energy resources, a Russian oil expert said in an interview with RIA Novosti.

Gennady Shmal, president of the Union of Oil and Gas Industrialists of Russia, said, “The goal of our participation [in the Days of Russia’s Oil and Gas organized in the context of the EXPO-2005 international trade show in Japan] is to show how Russia’s energy sector influences global economy and demonstrate the capabilities of the Russian energy industry in terms of cooperation with large Japanese companies.”

RIA Novosti