Russian Energy Minister visit to Gas Industry Event in London

A must-attend for anyone operating in the global gas industry, the Gastech conference brings the world’s professional gas community together, to understand the issues impacting our business today and in the future. An important meeting place, Gastech offers delegates face-to-face networking at the very highest level. The conference features more than 120 of the industry’s most prominent speakers and representatives, and is comprised of ministerial keynotes, addresses, commercial, technical and specialty presentations, question & answer sessions and panel debates.

On the 8th of October Deputy Energy Minister of Russia Pavel Fedorov and Trade Representative of Russia in the UK Dmitry Lebedev opened joint Russian Exposition Stand at 26th International Conference & Exhibition Gastech.

On the 9th of October Russian Energy Minister Alexander Novak together with Trade Representative Dmitry Lebedev launched “RUSSIA DAY” within Gastech-2012. Russian Forum was dedicated to the discussion of main directions of the Russian gas industry development up to 2030 and the topical issues of the international energy cooperation as well as the important role of Russia in energy security of the world economy revival.

Russian Federation was presented by its governing body in the field of energy and major companies, working together at the Ministry’s stand. The Russian sector was presented by Gazprom, Rosneft, Transneft, Bashneft, Novatek, Inter RAO UES, Russneft, SakhalinEnergy, Sibur, Stroygazmontazh, Tatneft, TMK, Yamal SPG, Sovkomflot and many others. Governors and representatives of the Russian oil&gas producing regions also took part in the intensive business meetings and negotiations during The Day of Russia.

The Russian Government is considering a range of measures to provide greater opportunities for foreign investment in state-owned companies, it was announced at the Gastech Conference & Exhibition in London.
At a press conference during a specially arranged “Day of Russia” at the conference and exhibition, Mr Novak said that the Russian Government was investigating a series of incentives as well as potential amendments to current legislation. He said this had the potential to provide opportunities for major operators to buy stakes in state-owned companies, or to work in partnership with domestic companies to develop particularly challenging fields.
He said: “For Russia, the oil and gas industry sector is a very important sector that has an effect on federal reserves and the whole economy. Russia is one of the leading producers of gas and we supply gas to many countries.”
A major benefit of Gastech is the opportunity it provides for organisations to collaborate, network and forge new relationships – and in Mr Novak’s presence, a new agreement was signed between Russian petrochemical company, Sibur, and international chemical group, Solvay, which is headquartered in Brussels. The agreement will see the establishment of Ruspav, a 50/50 joint venture for the production of surfactants and oilfield process chemicals in Dzerzhinsk, Russia.

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