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.

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Maintaining Energy Connectivity in an Unstable World
3 October 2019
10:00—11:15

Oil is one of the key primary energy resources in the global fuel and energy balance, and experts predict that it will continue to hold this status until 2040. Nevertheless, the oil industry is currently undergoing a period of structural changes. On the one hand, the instability of the global economy, international conflicts, and the continuation of a policy of trade wars and sanctions are creating excessive volatility in the commodity and financial markets for oil. On the other hand, the development of electric cars and renewable energy sources, the hydrogen economy and the gas motor fuel market, and tightening environmental regulations pose new challenges to the oil market. How well equipped are the current OPEC+ terms of trade to deal with the growing threats to the oil market? How do ‘black swans’ change the composition of the global balance of supply and demand for oil? Is a further consolidation of efforts necessary in order to minimize the effects of black swans? What is the potential for transforming oil trade flows, taking into account the growth in shale production?

Date
03.10.2019
Forum
Russian Energy Week
Started at
10:00—11:15
Conference hall
Manege, 1st floor, Plenary conference hall
Analytics on the topic