Speaking about cooperation with the Asia-Pacific region, of course, it is our priority today. The Asia-Pacific market will develop, the economy will grow at a faster pace than the global economy on average. Energy consumption will grow at pace, probably twice as high as the world average. There are objective reasons for this: 60% of the population lives in the Asia-Pacific region, which gives great potential for improving the quality of life — Alexander Novak, Minister of Energy of the Russian Federation.
We set ourselves a goal to increase the volumes of liquified natural gas supplies to the global market, given that there is an existing niche for that. Today, the world consumes 275 million tons of LNG, by 2035 this figure will reach, by the humblest estimates, 550 million tons. 70% of this consumption will be in the Asia-Pacific region — Alexander Novak, Minister of Energy of the Russian Federation.
Our cooperation with China is developing according to the plan, and the Power of Siberia pipeline will be completed next year. Deliveries to China will begin in December 2019. There is no doubt about that — Alexander Medvedev, Deputy Chairman of the Management Board, Gazprom.
Expansion of cooperation between Russia and China allows us to coordinate efforts for the construction of the so-called Ice Silk Road. Some say it's a dream, but for the last 10 years new technological innovations are being introduced to the market. 226 million tons crude oil was delivered from Sakhalin — Sergey Frank, President, PAO Sovcomflot.
Yesterday we essentially placed the first order for LNG here in the Primorye Territory, at the Zvezda shipyard. New bridges open new opportunities thanks to cooperation between Zvezda and South Korean partners. Of course, the development will continue — Sergey Frank, President, PAO Sovcomflot.