He stated this during a speech at the India Energy Week forum.

“Gas will be the most needed resource. And we see that from 2025 to 2030 there will be a gas shortage in the world,” TASS quotes al-Kaabi.

According to the minister, the decision of European countries to abandon Russian gas had a negative impact on the gas market and also led to changes in supply chains.

Earlier, the head of Rosneft, Igor Sechin, expressed the opinion that differentiation of gas prices for industrial consumers and an increase in the mineral extraction tax on gas in Russia could lead to market imbalance and gas shortages for socially important industries.