russia could help with that we're asking the debtor is executive director of the international energy agency richard jenkins. the international energy agency says the world is entering big golden age of gas with production to rise by fifty percent in the next twenty years russia is going to sheeple were hundred and ten billion cubic meters of gas to europe through its south and north by plights the construction of south stream is starting soon and north stream will start operating in early november the trans underneath the baltic sea and delivers russian gas directly to western europe this is mantra improve european energy security and we can mix dependence on transit operators. are welcome to the show thank you for having me thank you thank you very much for going for the get. over the international energy agency the i.a.e.a. has signed corp agreements with russia one. you in these it is can we explain in couple what it's it's it's a good question but. basically we're continuing the evolution of our cooperation which is going on for many years in particular the focus coming will be more and more on energy

album love and just a reminder that my guest on the show today is richard jenkins deputy executive director of the international energy agency richard roth let's talk about about russia's policy well there's lots of talk about the red direction gradual red direction russian crude. crude flows from from the west towards asia and first of all to china how was it seen in the west could it be a reason for for a clash of interests between russia and the west china and the west no i really don't think so and the simple reason is that it's a global market these days the oil market is. worldwide and. china is where the action is that's where they're growing in consumption china and india are the two primary and the middle east with course they have their own oil so i think it's fully understandable in fact we we anticipate that always city or oil demand will actually decline so it's a natural process china has the demand they're willing to pay the price as they get the oil according to the latest. report i quote the world faces a dire future unless a complete change of course is made to deal with the huge problem of surging energy d