Manege Business Programme. International Cooperation

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International Cooperation Sustainable Development: Adapting to the New Reality Technology as a Key Driver of Energy Development Russia’s Fuel and Energy Industry: Development Strategy

International Cooperation

Global Energy Markets: The Transformation of Relations and Balance of Interests

In recent years, global demand for all types of energy resources has exceeded even the most optimistic forecasts from five years ago due to growth in the global economy, advancements in the digital sector, and changes in global trade and consumer behaviour. The record demand for fossil fuels has coincided with the unprecedented commissioning of renewable energy capacity and the development of hydro and nuclear energy. However, the global energy industry still faces major challenges: the complicated geopolitical situation, sanctions and trade wars, changes in the structure of demand, and the emergence of new energy consumers. How will the global energy market manage to get through the current stage of sanctions, trade wars, protectionism, artificial barriers, and tariff restrictions? Is it possible to reverse the trend and create a unilateral carbon-free energy world? How can energy producing and consuming countries in Asia and Latin America protect their own national interests as well as the interests of the global market against pressure from individual players?

Moderator:
Sergey Brilev — President, The Global Energy Association

Speakers:
Haitham Al Ghais — Secretary General, Organization of the Petroleum Exporting Countries (OPEC)
Karim Badawi — Minister of Petroleum and Mineral Resources of the Arab Republic of Egypt
Alparslan Bayraktar — Minister of Energy and Natural Resources of the Republic of Türkiye
Alexander Novak — Deputy Prime Minister of the Russian Federation
Peter Szijjarto — Minister of Foreign Affairs and Trade of Hungary
Mohamed Hamel — Secretary General, Gas Exporting Countries Forum (GECF)

International Cooperation

Russia–OPEC Energy Dialogue

Speakers:
Haitham Al Ghais — Secretary General, Organization of the Petroleum Exporting Countries (OPEC)
Alexander Novak — Deputy Prime Minister of the Russian Federation

International Cooperation

SCO and ASEAN Countries on the Path towards Creating Fair Energy

Today’s energy world can hardly be called fair. Sanctions, protectionism, and artificial restrictions on the development of certain energy sectors that are driven by political rather than economic interests all limit the natural development of the energy sector and harm the economies and energy security of many countries. These external challenges can be overcome by combining the efforts of the countries affected. The best opportunities for mutually beneficial cooperation in this regard are with the countries of the Global South and Global East, which play a key role in creating a multipolar and sustainable world order and whose destiny it is to make a decisive contribution to global economic development. Today, the SCO and ASEAN countries are creating a new investment reality, putting forward their vision of the energy future – one that is aimed at creating an equitable, balanced, and sustainable model for global energy development. What principles of “energy justice” should be pursued? What opportunities exist for increasing energy exchange between energy-producing and energy-consuming countries within the SCO and ASEAN and what are their prospects? What joint initiatives and energy projects will help countries come together to achieve their goal of building a fair energy system?

Moderator:
Natalya Popova — First Deputy General Director, Innopraktika

Speakers:
Kazutomo Irie — President, Asia Pacific Energy Research Centre (APERC)
Arzybek Kozhoshev — Member of the Board, Minister in Charge of Energy and Infrastructure, Eurasian Economic Commission
Hongpeng Liu — Director of Energy Division, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)
Ivan Polyakov — Chairman, Russia – ASEAN Business Council
Sergey Tsivilev — Minister of Energy of the Russian Federation

International Cooperation

Diversifying Investments: From Energy and Industry to New Sectors

The world’s leading oil and gas producers have recently been investing more and more in economic diversification, ensuring technological sovereignty, creating their own production equipment, digitalization, and intensifying trade and economic cooperation. At the same time, numerous national investment funds from these countries are increasingly entering the global market, expanding their portfolio of international projects, and building up their own experience in the creation of high-tech and complex industries. How successful has such diversification been given the current unstable situation on energy markets? Will these investments eventually pay off and will countries be able to carve out their own niche in global industrial production, while even remaining ahead of traditional players in some sectors? What is the outlook for cooperation between major Russian and national investment funds from oil-producing countries in terms of developing industry and trade?

Moderator:
Marina Kim — First Deputy Chairman of the Committee on Information Policy, Information Technologies and Communications of the State Duma of the Federal Assembly of the Russian Federation; Host of the “New World” Show, “Soloviev Live” Channel

International Cooperation

Russia–Africa: Towards the Practical Implementation of Energy Projects

Africa’s demographic potential and need for accelerated economic growth make it crucial to rapidly develop the African energy sector, which requires extensive investment, as well as the construction of new and modernization of existing energy infrastructure. Russian fuel and energy companies are ready to offer their expertise and technological solutions in traditional and renewable energy, which would enable African countries to provide their population with access to a reliable and modern source of energy, develop their economies, and accelerate industrialization. What kind of projects need to be implemented to meet the primary strategic goals of African nations? What forms of partnership best meet the interests of Russia’s African partners and their domestic companies? What are some of the priority sources for project financing? What support measures do companies need to successfully transition to practical steps?

Moderator:
Ilya Kopelevich — Editor-in-Chief, Business FM

Speakers:
NJ Ayuk — Executive Chairman, African Energy Chamber
Tatiana Dovgalenko — Director of the Department of Partnership with Africa, Ministry of Foreign Affairs of the Russian Federation
Roman Marshavin — Deputy Minister of Energy of the Russian Federation
Stephan Solzhenitsyn — Vice Chairman, International Alliance for Sustainable Coal Use

International Cooperation

The Global Liquefied Natural Gas Market: Shortage or Surplus?

Liquefied natural gas (LNG) has been playing an increasingly important role in the global energy sector in recent years. Flexible transportation and low carbon intensity compared with other hydrocarbons make it a promising, reliable, and affordable source of energy. This is precisely why the global LNG market is developing at a such a rapid pace today. New importers and exporters are emerging, supplies are increasing, and production capacities are being expanded. Experts predict that by 2026 the growth rates in global LNG supplies will be the highest they have been since 2019 at around 7%, or 40 billion cubic metres. By 2050, LNG plants that are slated for construction could see their cumulative capacity more than double and reach one billion tonnes. This means competition on the global LNG market will only be increasing. However, an increase in the number of importers and the creation of new LNG production facilities could upset the fragile balance of supply and demand on this market. What are the projected LNG production and consumption volumes by 2030–2050? Will there be demand for such volumes and could this result in a gas surplus? Will global gas producers be justified in their plans to expand LNG capacities? What technologies does the industry need today? What is the outlook for small-tonnage LNG around the world and in Russia specifically?

Speakers:
Oleg Aksyutin — Deputy Chairman of the Management Committee – Head of the Prospective Development Department, Gazprom
Pavel Sorokin — First Deputy Minister of Energy of the Russian Federation

International Cooperation

Nuclear Energy: Saving the Climate, Uniting Countries, and Changing the Image of Humanity

In partnership with the State Atomic Energy Corporation Rosatom

The nuclear industry is currently experiencing an extraordinary boom. Nuclear technologies are a truly inexhaustible source of clean energy. They are the key to reliable energy supplies not only for individual countries, but for entire regions as well. Partnerships between countries in the development of nuclear energy allow for long-term cooperation in both the nuclear sphere and in other high-tech industries. How can nuclear solutions unite countries and help counter global challenges? How do countries’ own solutions in the nuclear sector become the basis for global change? How can we enhance the efficiency of nuclear projects to address the challenges of the green agenda? How are the nuclear industry’s achievements becoming a driver of growth in various industries and why is energy not the only sector where nuclear can provide benefits?