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Cheaper, more reliable sources of gas for Europe than Russia nowhere in sight — Putin

MOSCOW, December 18. /TASS/. Cheaper, more reliable sources of gas for Europe than Russia are nowhere near in sight, Russian President Vladimir Putin told the press conference.

Russia’s turn towards the East comes due to the situation in the global economy, not due to political reasons, Putin noted.

“The Asia-Pacific is developing quicker than any other parts of the world. New possibilities emerge,” Putin said. “In terms of energy for China, India, Japan and South Korea the demands in energy resources are growing by leaps and bounds. Everything there is developing quicker than in other regions of the world. Should we give up this?” the Russian leader said.