Russian Deputy Prime Minister Novak: Russia's annual inflation rate will reach 6% or slightly below 6% by the end of the year; by 2050, oil consumption may increase by 20 million b/d; in the past two years, we have seen an annual increase in oil consumption of more than 1 million b/d; in view of this increase in oil consumption, countries need to invest and cooperate to ensure market supply, because it is related to energy security.

Russian Deputy Prime Minister Novak: Russia's annual inflation rate will reach 6% or slightly below 6% by the end of the year; by 2050, oil consumption may increase by 20 million b/d; in the past two years, we have seen an annual increase in oil consumption of more than 1 million b/d; in view of this increase in oil consumption, countries need to invest and cooperate to ensure market supply, because it is related to energy security.