Lavrov says Russia will help stabilize global energy markets

Russian Foreign Minister Sergey Lavrov said Russia will keep supporting global energy markets in an article about the global economy and international security.

He said Russia is a leading supplier of hydrocarbons to Asia, Africa and Latin America.

Russian oil and mineral deliveries to ASEAN countries rose 40% in the first quarter of this year, Lavrov said.

He also pointed to Russian projects in nuclear energy, including small modular reactors and floating nuclear power plants.

Moscow hosted two international energy forums in October, where participants discussed oil and gas markets.

Lavrov said energy development depends on keeping the sector depoliticized.

He said Russia will continue contributing to energy security and market stability, but gave no specific next steps.