Eleventh Russian Petroleum and Gas Congress
- PDF / 89,092 Bytes
- 8 Pages / 594 x 792 pts Page_size
- 94 Downloads / 186 Views
ENTH RUSSIAN PETROLEUM AND GAS CONGRESS
L. A. Kondratov
The Eleventh Russian Petroleum and Gas Congress was held in Moscow (at the ExpoCenter) on June 25–27, 2013. Its organizers: Neftegazovye Sistemy, Rosneft, Gazprom, and ITE. The Congress recognized June 25th as World Petroleum Council (WPC) Day. WPC General Director Pierce Riemer presided over the Congress for the day. The presentations given at the Congress covered various aspects of the industry’s growth. We will briefly discuss the main points of the speeches in this article. Kirill Molodtsov, Deputy Minister of Energy for the Russian Federation, said that examining the problems facing the oil and gas industry and evaluating its growth prospects is helping to refine Russia’s official energy strategy. Renato Bertani, President of the World Petroleum Council, noted that “Coal accounted for 90% of the world’s fuel balance for 150 years. The role of petroleum gradually grew and it became the dominant fuel... Oil and gas will remain the main fuel until the end of the XXI Century.” Vladimir Evtushenkov, Chair of the Russian National Committee (RNC) of the World Petroleum Council, noted that the successful development of new oil and gas deposits in Russia will make it possible to maintain the current level of supply of these commodities. Andrey Tretyakov, General Director of Rosgeologiya, talked about aspects of the use of hydrocarbons. Hydrocarbon reserves are increasing thanks to the further exploitation of existing deposits (70%). The percentage of deposits that are difficult to work is growing (and now stands at 50%). Increasing the yield of oil and gas will require financial investment and the mastery of new technologies. Ivan Grachev, Chair of the Energy Committee of the State Duma, commented on the increasing effect that U.S. shale gas is having on the stability of the petroleum market. Valerii Yazev, Vice-Chair of Committee on Natural Resources, Resources Use, and Ecology of the State Duma, discussed the projections made by LUKOIL for the hydrocarbon market to the year 2025 and noted the following trends: oil refineries are being closed in the EC, but new refineries are opening in the Near East; the demand for inexpensive coal for electric power generation is growing in the EC and gas generation is decreasing. Yazev says that Russia is still at an early stage in its development of fields in the Arctic due to the high cost of operations in that region. It was noted that the gas is now delivered to the EC from Azerbaijan and Turkmenistan via a route that by-passes Russia. The representative of the EC in Russia, Fernando Valenzuela, gave his assessment of the relationship between Russia and the nations of the EC with respect to energy matters. Valenzuela said that long-term contracts should be made more flexible in order to better reflect prices changes. The issue of the increase in the demand for gaseous fuel for automobiles was also raised: plans call for filling stations to be located 150 km apart. Also being planned is an increase in the use of gaseous eng
Data Loading...
