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 163 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
Global Energy Sector: Challenges and Opportunities
7 June 2019
10:00—11:15

Global energy markets are constantly transforming and the structure of energy demand is changing as well. According to experts, a slowdown in current and projected rates of global economic growth, increased energy efficiency and phasing petroleum products out of other types of energy resources may lead to a peak in oil consumption in the next 15–20 years. In addition, the role of natural gas as the cleanest fossil fuel and renewable energy sources will continue to grow in the future. All of this is already exacerbating competition on the markets and forcing industry players to enhance the appeal of their oil production projects by drumming up capital inflows and the development of new technologies as well as diversify their project portfolio. What should Russia’s strategy be on oil and gas markets in this regard? Where is the sweet spot between the option of maximizing investment in oil production and striving to increase the market share and the option of continuing intense cooperation with oil producing countries to limit production? Should we expect another long period of low oil price given the lack of cooperation using the model of the OPEC+ deal, on the one hand, and the increased investment in oil production in anticipation of the ‘peak oil’, on the other hand? What are the ambitions of gas market players? What opportunities do global energy markets offer for cooperation and joint promotion in the international arena?


Date
07.06.2019
Forum
SPIEF
Started at
10:00—11:15
Conference hall
Congress Centre, conference hall D1
Analytics on the topic