A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

RC personal account
Восстановление пароля
Введите адрес электронной почты или телефон, указанные при регистрации. Вам будет отправлена инструкция по восстановлению пароля.
Некорректный формат электронной почты или телефона
Increasing Russia’s Return on Gas and Oil
2 September 2021
10:00—11:30
For the Russian Federation and the Far East in particular, hydrocarbons are a strategic resource for development and will remain so in the coming decades. Gas boasts hugely important competitive advantages as an energy resource: it is the cleanest fossil fuel, large and accessible gas reserves are available and, most importantly, the technologies for the extraction, transportation and storage of gas have already been developed. The gas sector is highly profitable, while the proximity of the Far East to the rapidly developing markets of the Asia-Pacific nations and the region’s significant resource potential point to the possibility of accelerated development for export-oriented projects. High added value must be achieved in gas and hydrocarbon production, including production integrated with oil refineries, in order to maximize gross regional product (GRP) and tax revenues. At the same time, the domestic needs of the regions must not be forgotten. Levels of gasification in the Far East are almost three times lower than the national average, while two thirds of thermal power stations in the Far Eastern Federal District still run on coal. Connecting industrial and residential facilities to gas will drive economic development, create new jobs, increase incomes and reduce air pollution caused by emissions from the combustion of coal and fuel oil. The gasification of the Far East should take into account the fuel and energy mix of each specific region. In some areas proximity to the trunk infrastructure will make efficient pipeline gasification possible, while in others the best option will be independent gasification. In some cases, a large industrial enterprise serving as an anchor consumer will be required in order to make gasification economically feasible. How can the implementation of export-oriented projects be prioritized and what should the areas of focus be? How can capital expenditure on the maintenance and development of the gas pipeline system be reduced? Are the state support measures already in place sufficient for the effective development of gasification in the regions of the Far Eastern Federal District? What conditions must be in place in order to develop petrochemical plants, including those that are integrated with oil refineries? What else needs to be done in order to accelerate the development of mini LNG projects? Should the issue of decarbonization be taken into account when implementing gasification in the Far Eastern Federal District?
Date
02.09.2021
Forum
EEF
Started at
10:00—11:30
Conference hall
Building B, level 7, conference hall 11
Analytics on the topic