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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, 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, 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 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

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

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Energy for Europe: New Dynamics in the Gas Market
7 June 2019
08:30—10:00

Energy demand will continue to grow over the coming decades, and with it, demand for gas. Recent studies indicate that around 50% more gas will be needed globally by 2040. At the same time, however, European gas production will fall by about 40%. This will mean that Europe will have to import around three quarters of its gas via pipelines and LNG. In order to meet the EU’s climate goals, Germany — already Europe’s largest gas consumer — plans to phase out all coal-fired power plants by 2038. This decision will increase the need for gas still further as the EU seeks to ensure access to secure, sustainable, and affordable energy. Russia has the largest natural gas reserves in the world. These can help fill a major part of Europe’s growing import gap, and at a very competitive price. However, the issue of Europe’s energy supply has never been as geopolitically charged as it is today. Political interests and decisions seem to take precedence over economic necessity and climate protection. Indeed, instead of welcoming member states’ decisions to further reduce their carbon emissions, the EU and individual member states have attempted to block viable supply solutions, purely out of political interests. This complicates the picture in the European gas market. How will an economically and ecologically feasible energy mix for Europe look in the future? How will Europe navigate the dynamics of the market to achieve the best possible mix? Why does Europe need additional pipeline capacities to transport gas from Russia’s vast gas fields? How will Russian gas and LNG compete to provide energy security for Europe? What strategic advantage does Russian gas offer Europe? How does Nord Stream 2 fit into the EU’s energy strategy?

Date
07.06.2019
Forum
SPIEF
Started at
08:30—10:00
Conference hall
Congress Centre, Business Breakfast hall 2
Analytics on the topic