Russian Energy Week 2022

09:00

Russia–Africa: Sustainable Energy Development

09:00 — 10:15

Russia–Africa: Sustainable Energy Development

Hall

Manege, –2nd floor, conference hall A

The energy transition is having a significant impact on global energy development and, among other things, represents one of the key areas of cooperation between Russia and its African partners. The first ever Russia–Africa Summit took place in October 2019 and was a strategically important step towards creating favourable conditions for the further development of the entire range of relations between Russia and Africa. Preparations for the second Summit are well underway. Building on the friendly ties between Russia and African states, companies in the Russian fuel and energy sectors are carrying out a number of promising projects on the African continent. These projects contribute towards UN Sustainable Development Goal 7: ensuring access to affordable, reliable, sustainable and modern energy for all, primarily by increasing the level of electrification in African countries. These projects include the first nuclear power plant project on the African continent and the development of hydroelectric projects that will help meet the challenge of providing carbon-free energy to Africa, as part of the climate change agenda. How does Africa perceive the energy transition? Is universal access to energy more urgent than decarbonization? What public policy measures are being taken in African countries for sustainable energy development and the energy transition? How do Russian companies fit into this environment? What are the challenges along the way? What are the possible measures of financial support for projects?

Topics

Sustainable Development

Power generation

Africa

Moderator

Irina Abramova

09:00

Creating Technologies for the Energy Transition: Current Challenges and How to Solve Them

09:00 — 10:15

Creating Technologies for the Energy Transition: Current Challenges and How to Solve Them

Hall

Manege, –2nd floor, conference hall B

The global energy industry is now facing growing consumer demand, which threatens the depletion of fossil fuel reserves and price volatility. As a result, carbon-free and low-carbon energy sources are receiving greater attention among the global community and governments in many countries are undertaking efforts to achieve their energy transition goals. Despite a temporary increase in hydrocarbon consumption, experts from major international organizations understand that the low-carbon development of the global energy sector will continue. One of the key obstacles in its path, however, is technological development. Many countries have already adopted strategic measures to support the development of technologies in renewable energy, hydrogen infrastructure, carbon capture and storage, energy storage and other promising areas. Russia is among the countries looking closely at scientific and technological development for the "energy of the future". What are the barriers to the energy transition in Russia and abroad today? How can they be overcome? What technologies is Russia currently developing in this area? What are the prospects for replicating and scaling them, and for strengthening international technological cooperation?

Topics

Renewable Energy sources

Power generation

Moderator

Aleksey Kaplun

09:00

Recalibrating Logistics for Coal Exports Under Sanctions Pressure

09:00 — 10:15

Recalibrating Logistics for Coal Exports Under Sanctions Pressure

Hall

Manege, –2nd floor, conference hall C

The global challenges facing the Russian coal industry have altered its development trajectory, with the sector moving from an evolutionary strategy to a mobilization model. Coal exports have been a key driver of industry progress for many years, but international sanctions threaten the loss of major sales markets. Supply volumes are at further risk from countries significantly scaling back their purchases in recent months. Russian companies must also adapt to working in the face of ‘unfriendly’ measures imposed by market players, which include a ban on the supply of foreign mining technologies, equipment and spare parts to Russia, the refusal of a number of shipping companies to provide bulk carriers for sea transportation of coal, and financial restrictions. The search for new sales markets and the development of coal logistics are of increased significance in these conditions. Current priorities include ensuring the reliable maritime delivery of coal to customers, reducing freight rates for bulk carriers, fixing bottlenecks in the country’s transport infrastructure, and developing and implementing extraordinary measures to reroute the export of coal and other export goods. How do coal companies view the state of coal logistics today? How will the current economic trends affect export and import volumes? In view of the compound impact of sanctions on coal supplies, should sales be prioritized at the expense of exports or vice versa? How are supply chains transforming? Will modernizing Russia’s railway infrastructure help? Who will use the Eastern railway branch and how can coal mining quotas be met? What other infrastructure projects need to be implemented in order to stabilize export deliveries? Is there a future for entirely new logistics routes such as the Volga—Persian Gulf route as the first stage in the construction of the North—South corridor, the Northern Sea Route and others? Does reducing bottlenecks have a role to play in compensating for the lack of a bulk carrier fleet?

Topics

Exploration and mining

Power generation

Transport and logistics

Moderator

Anatoly Yanovsky

09:00

Forecasting Regional Fuel and Energy Balances to Improve Investment Attractiveness

09:00 — 10:15

Forecasting Regional Fuel and Energy Balances to Improve Investment Attractiveness

Hall

Manege, –2nd floor, conference hall D

Reliable energy supply is one of the key factors in the country’s socio-economic development, to ensure its energy security and improve the quality of life of its citizens. A clear understanding of the current and future demand for traditional and alternative energy sources is necessary to meet the projected demand for energy resources. The development of forecasting regional fuel and energy balances, which has been underway since 2021, could become a tool for implementing this approach. It could be one of the areas of Russia’s spatial development, by eliminating infrastructure limitations and reducing the level of inter-regional differentiation in the country’s socio-economic development. It is important to ensure that the statistical data and mathematical models used for the calculations are systematized and harmonized, including through information modelling. How do Russian regions assess energy opportunities and prospects, and is forecasting fuel and energy balances helpful? How can the fuel and energy sector be managed in a unified system of state strategic planning? What is the role of energy statistics, industry standardization and information modelling in managing the fuel and energy sector at federal and regional levels? Is it possible to optimize the processes of developing strategic documents in the field of energy both at the federal and regional levels, applying an inter-balance approach? Is it possible to develop common approaches to the organization of management in the fuel and energy sector that are applicable to all countries, including ASEAN and BRICS?

Topics

State Strategic Planning

Regions of Russia

Power generation

Moderator

Andrey Klepach

09:00

61st session of the CIS Electric Power Council

09:00 — 11:30

61st session of the CIS Electric Power Council

Hall

Manege 3nd floor, conference hall G

Topics

CIS

Power generation

11:00

BRICS+: Potential for Technology Partnerships

11:00 — 12:15

BRICS+: Potential for Technology Partnerships

Hall

Manege, –2nd floor, conference hall A

The creation of BRICS, which was initiated in 2006 by the Russian Federation, was one of the most significant geopolitical events of the early part of the 21st century, and the association became a major player in global politics in a short space of time. The basis of BRICS’ influence on the international stage is the growing economic power of its member states, the importance of their activities as a key driver of global economic development, their large populations, and their abundant natural resources. The global geopolitical changes that came about in early 2022 made it necessary for the Russian Federation to strengthen its technological sovereignty by rebuilding and reorienting its international scientific and technological cooperation. The development of cooperation within the framework of the BRICS integration association alongside other friendly states is a priority for Russia. Among the key areas of cooperation are technological innovation and close cooperation in science and engineering. What are the prospects for future cooperation between the BRICS countries and their partners in the fuel and energy sector, and what is the role of technology transfer and joint ventures? How can the energy security of Russia and its BRICS+ partners be ensured? What joint projects are being implemented in energy efficiency, energy conservation and renewable energy sources?

Topics

BRICS

Power generation

Moderator

Oleg Zhdaneev

11:00

Modernization of the Housing and Utilities Sector as a Means to Reduce the Energy and Carbon Intensity of the Russian Economy

11:00 — 12:15

Modernization of the Housing and Utilities Sector as a Means to Reduce the Energy and Carbon Intensity of the Russian Economy

Hall

Manege, –2nd floor, conference hall B

In the housing and utilities sector, one of Russia’s largest energy consumers, energy saving and efficiency projects need to be implemented on a national scale. The construction and housing and utilities sector is responsible for about 21% of Russia’s carbon footprint, excluding indirect emissions resulting from the consumption of heat and electricity. The residential sector is also the second largest consumer of heat energy in Russia, with about 32% of all heat generated in the country used in district heating systems. At the same time, depreciation of fixed assets in municipal infrastructure exceeds 60%, and the housing and utilities sector requires complete modernization using modern energy-saving and safety-compliant equipment. What support can the government provide to help modernize the country’s housing and utilities sector? What mechanisms can be deployed to effectively implement public infrastructure modernization programmes? How can we improve the reliability of utility companies and reduce the resource intensity of public infrastructure? How can we best address the challenge of reducing the carbon intensity of the housing and utilities sector addressed in the current environment?

Topics

Housing and Utilities

Power generation

Moderator

Sergey Sivaev

11:00

Oil: Development Strategy

11:00 — 12:15

Oil: Development Strategy

Hall

Manege, –2nd floor, conference hall C

The Russian oil industry has long faced the problem of a deteriorating resource base. Current reserves are gradually being depleted and there are almost no major new discoveries. In the short term, this issue threatens to drive up costs and potentially reduce production because the resource base is no longer profitable. Against the backdrop of these «old» problems, new risks are also looming over the industry. An oil embargo on Russia threatens to curtail oil exports to Western countries as early as next year. What is needed to overcome the massive challenges facing the industry? What are the chances of changing the industry’s resource base? Will the oil industry retain its current role in the Russian economy into the future? What are the industry’s prospects in light of internal and external challenges?

Topics

Oil and Gas

Moderator

Daria Kozlova

11:00

Low-Carbon Energy Around the World: Crisis as a Time of Opportunity

11:00 — 12:15

Low-Carbon Energy Around the World: Crisis as a Time of Opportunity

Hall

Manege, –2nd floor, conference hall D

We are currently living in an era of change, as the world energy industry undergoes a period of serious transformations. Such challenges as maintaining the stable operation of energy systems and reliable energy supply to consumers with economical and eco-friendly energy sources are taking centre stage in all countries. The transition of the global economy and energy sector to low-carbon development remains an extremely urgent challenge. In order to address it without jeopardizing its own national priorities and economic growth, the world community is determining which energy sources will be considered green and will be able to assume their place in the development chain of the energy transition. What role will nuclear energy play in the new energy basket? What opportunities do small nuclear power plants present for countries and businesses? Will hydrogen assume its place in the global energy industry and will Russia be able to become a global engine for its development?

Topics

Sustainable Development

Power generation

Moderator

Anna Lazareva

13:00

Address by the President of the Russian Federation Vladimir Putin. New Challenges, New Opportunities: What’s in Store for the Oil and Gas Market?

13:00 — 15:00

Address by the President of the Russian Federation Vladimir Putin. New Challenges, New Opportunities: What’s in Store for the Oil and Gas Market?

Hall

Manege, 1st floor, Plenary conference hall

Global oil and gas markets today find themselves in a state of uncertainty as a result of geopolitical events. The unfriendly actions of Western countries towards Russia are affecting the entire system of international trade, sparking a record jump in global oil and gas prices. The price shock is already being felt in the form of a significant downturn across the entire global economy, driving sharp increases in the cost of other energy sources. For Russia, which occupies a leading position on global hydrocarbon markets, the sanctions present a challenge, while also opening up new opportunities for development, including through the implementation of new infrastructure projects to supply hydrocarbons to friendly nations. The most promising projects include the Power of Siberia 2 and Pakistan Stream gas pipelines as well as the Turkmenistan—Afghanistan—Pakistan—India main gas pipeline. How is geopolitics affecting the global oil and gas market? How will the global oil and gas sector — including the liquefied natural gas segment — develop over the coming decade? How will OPEC and the GECF influence the outlook for global energy development? What is the role of BRICS in shaping new trends in the development of the oil and gas industries? How will Russia adapt to the new conditions? What will the country’s future share of global hydrocarbon exports be?

Topics

Renewable Energy sources

Oil and Gas

Power generation

Moderator

Alexandra Suvorova

16:30

Strengthening Security and Counterterrorism for Fuel and Energy Facilities in the New Reality: Current Changes to Regulation and Practice

16:30 — 17:45

Strengthening Security and Counterterrorism for Fuel and Energy Facilities in the New Reality: Current Changes to Regulation and Practice

Hall

Manege, –2nd floor, conference hall A

In June 2022, a set of wide-ranging amendments to the Law on the Security of Fuel and Energy Sector Facilities was passed, largely as a result of repeat joint appeals to authorities on the part of Russia’s major fuel and energy companies. In their appeals, the companies pointed to shortfalls in existing legislation and requested the opportunity to preserve the effective security systems based on cooperation with private security organizations that were already in place. The amendments to the Law on the Security of Fuel and Energy Sector Facilities are a logical and timely step in the development and improvement of legislation on security and counterterrorism measures for fuel and energy facilities, and offer a path to solving the most urgent concerns around legislative compliance that were identified in the period prior to the amendments. There is now greater clarity concerning the parties included in the list of organizations subject to protection for fuel and energy facilities, the right of private security organizations used by individual fuel and energy companies to protect facilities with a high hazard classification has been protected, and the risk of a significant increase in costs incurred by fuel and energy sector organizations protecting their facilities has been minimized. What is the current state of security and counterterrorism legislation for fuel and energy facilities? What are the paths to developing the legislation further, taking into account the current geopolitical situation?

Topics

Power generation

Legal regulation

Moderator

Anastasiya Bondarenko

16:30

Pathways for Sustainable Energy Transition in Asia-Pacific

16:30 — 17:45

Pathways for Sustainable Energy Transition in Asia-Pacific

Hall

Manege, –2nd floor, conference hall B

Sustainable energy use can make a significant contribution to the fight against climate change. Increasing the use of renewable energy sources and improving energy efficiency are part of the contributions of many countries set at a national level under the Paris Agreement. However, it is widely acknowledged that energy transition will be different in different parts of the world. From this standpoint, the situation in the Asia-Pacific Region’s energy sector is fairly complex. Over the past 20 years, aggregate demand for energy resources in the Asia-Pacific Region has almost doubled. Energy consumption in this region is expected to increase by at least a third by 2040. As natural gas is a cleaner fossil fuel, it can play an important part in meeting energy demand in some countries, as well as in new sectors such as the transport and household sectors. This year UN ESCAP, with support from the Russian Federation, launched a project to study the role of natural gas in the energy transition process in the Asia-Pacific Region. The session will be aimed at developing the potential of UN ESCAP member states, especially ASEAN member states, in understanding the systemic effects and advantages of using natural gas in the region’s countries, which will lead them to take steps to formulate and implement energy transition policies in accordance with their national conditions, capabilities and global climate change mitigation goals.

Topics

Climate Change

Sustainable Development

Asia-Pacific region

Renewable Energy sources

Oil and Gas

Power generation

Moderator

Ivan Lobanov

16:30

Petrochemicals in Russia: Overcoming the Obstacles

16:30 — 17:45

Petrochemicals in Russia: Overcoming the Obstacles

Hall

Manege, –2nd floor, conference hall C

Average annual growth in demand for petrochemical products over the next 15 years is forecast at 4%. Russia’s share of the global petrochemical market remains small, amounting to less than 3% at the end of 2021. The implementation of the state support measures already adopted should pave the way for a number of world-class investment projects that will significantly increase the output of high-margin commodities. If all projects already announced are implemented, the production of high polymers should increase by 2.2–2.8 times by 2030 (compared with the figure for 2020). Nevertheless, the industry is now facing significant external pressure, which has significantly complicated the implementation not only of projects in their early stages, but also projects where active construction work is underway on site, and where key production equipment has already been purchased. The refusal of licensors to provide manufacturing technologies and of equipment manufacturers to supply their equipment, changes to logistics arrangements for shipments of essential resources and finished products, the de facto closure of the European sales market and the cessation of funding from financial institutions in unfriendly countries all present a serious challenge to the industry that cannot be overcome without state support. How will the global market for petrochemical products change in the medium and long term, and what is the outlook for further increasing export supplies of high polymers from Russia? What is the strategy of leading Russian petrochemical companies for overcoming the present challenges? What kind of support does the industry need from state institutions in order to implement all previously announced projects? How can the high level of dependence on technology, equipment and raw materials from unfriendly countries be overcome?

Topics

Investment Projects

Oil and Gas

Power generation

Moderator

Denis Deryushkin

16:30

Oil and Gas: Technological Sovereignty

16:30 — 17:45

Oil and Gas: Technological Sovereignty

Hall

Manege, –2nd floor, conference hall D

The Russian oil and gas sector has long faced major challenges, particularly with regard to the deterioration of its raw material supplies. Existing field reserves are gradually being exhausted, and there are almost no major new discoveries being made. This is becoming a pressing concern even in the short term, with rising costs and the potential for reduced production as developing the sector’s resource potential becomes unprofitable. In addition to these ‘old’ problems, new risks are also threatening the industry. The sanctions pressure currently being exerted on Russia necessitates the development and adoption of measures to ensure continued economic activity and the widespread rollout of domestic technologies and equipment across the fuel and energy sector, particularly in oil and gas. The pursuit of technological sovereignty today is no longer just a major trend for the industry, but the key to its survival and sustainable development. In view of this, significant efforts are being undertaken to improve the efficiency of traditional fuel and energy industries amidst the technological challenges, including through research and support for the creation of new markets, the establishment of technological cooperation, support for the development of hard-to-recover reserves, monetization of existing oil and gas reserves, the introduction of a system of test sites and engineering centres, the development of new competencies in industry-specific IT, and the rollout of robotization in the fuel and energy sector. What needs to be done to overcome the major challenges facing the sector? Will the oil industry retain its current role in the Russian economy of the future? What strategies are being adopted by companies choosing to maintain sustainable growth and secure technological sovereignty? What technologies are they focusing on developing? What can be done to promote the development of hard-to-recover reserves? What state support measures are needed in order to implement import independence projects?

Topics

Oil and Gas

Exploration and mining

Power generation

Moderator

Oleg Zhdaneev