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Миллер Алексей
Alexei Miller
Chairman of the Management Committee and Deputy Chairman of the Board of Directors, Gazprom
Quotes
24.05.2018
SPIEF 2018
Gas as an Effective Tool for Achieving the Environmental Targets of the Global Economy
When we say that natural gas in absolute volume will get a higher share in the global energy mix <…> we mean that this increment will be mostly driven by electric energy and transport. If we look at the electric energy generation, it’s a cleaner and safer electric energy sector attractive for investment. The average internal rate of return for a gas-steam cycle project is about 14–15%. In transport, natural gas is behind hydrocarbons, so it’s 20–30% lower than traditional fuels
24.05.2018
SPIEF 2018
Gas as an Effective Tool for Achieving the Environmental Targets of the Global Economy
Over the last 20 years, global use of primary energy resources went up almost 1.5 times, including the increment of electric energy by almost 80%. The share of natural gas in the global energy mix is about 22%, right behind oil and gas. Our goal for 2035 is to be on par with oil, and it’s absolutely realistic
24.05.2018
SPIEF 2018
Gas as an Effective Tool for Achieving the Environmental Targets of the Global Economy
Gas will be a strategic development resource for the Russian Federation in the next decade. Proximity of the two major and most dynamic markets, the European and the Chinese ones will affect our gas industry. The European market shows a 5% increase in demand. Europe demonstrates another significant trend, which rationalizes growing demand for Russian gas: decline of its own gas production volumes. This means that a niche opens up for new import of Russian gas supplies to the European market
24.05.2018
SPIEF 2018
Gas as an Effective Tool for Achieving the Environmental Targets of the Global Economy
By 2035 European production will fall two-fold, thus gas export demand will amount to about 200 billion cubic meters, a significant share of which will account for Russian gas
24.05.2018
SPIEF 2018
Gas as an Effective Tool for Achieving the Environmental Targets of the Global Economy
Hard bet on renewable energy sources is faulty. And total decarbonisation of the world economy is plain-old utopia. We must admit that fossils will keep their sizeable share for the next 20 years
24.05.2018
SPIEF 2018
Gas as an Effective Tool for Achieving the Environmental Targets of the Global Economy
China’s 2020 goals are absolutely realistic: 360 billion cubic meters of gas and expansion of its share in Chinese energy balance from 7% to 10%. We estimate that 80–110 billion cubic meters will account for the Russian pipeline gas
24.05.2018
SPIEF 2018
Gas as an Effective Tool for Achieving the Environmental Targets of the Global Economy
Huge amounts of money are invested in solar and wind energy, but we also note that this new venue brings up new security issues. In particular, the point at hand is that solar and wind energy requires almost a hundred per cent reserve capacity for traditional fuels. These are completely new challenges of power industry security. These models are not very cost-effective, and maybe even quite ineffective