This was
reported by Ivan Polyakov, Chairman of the Russia–ASEAN Business Council, at a meeting with Alexei Kulapin,
Director General of the Russian Energy Agency (REA) of the Ministry of Energy
of the Russian Federation.
According
to him, Russian fuel and energy companies have an opportunity to become a
factor in the energy stability and security of ASEAN countries.
At present, the
participation of Russian energy companies in fuel and energy projects in ASEAN
countries is very limited. However, there are significant competencies that
will enable domestic companies to participate both in oil and gas exploration
and development and in major infrastructure projects, including LNG expansion,
nuclear power, hydropower, and renewable energy. There is also a lot of scope
for Russian designers and engineering companies to participate in ASEAN
projects.
During the Russian Energy Week 2022
(REW 2022) Russia and ASEAN countries expressed the need to advance and expand
energy, technological, and industrial cooperation and increase the supply of
Russian energy resources to Asia Pacific. The issues of localization of Russian
companies’ operations in the ASEAN countries were considered, which would
enable with the Asian partners to jointly build a set of necessary works and
promptly respond to customer requests.
The
Russian Energy Agency and the ASEAN–Russia Business Council have planned practical steps
to promote a platform for collective energy security in the Association’s
countries, following talks on the margins of the REW 2022 International Forum.
The next series of talks with potential partners will take place at the
forthcoming ASEAN Business and Investment Summit in Phnom Penh, Cambodia, on 9–10 November, right
before the ASEAN Political Summit.
The 6th
Russian Energy Week International Forum will be held on 11–13 October 2023 in Moscow. The venue
will once again be the Manege Central Exhibition Hall. The Forum is organized
by the Roscongress Foundation, the Ministry of Energy of the Russian Federation
with support from the Government of Moscow.
