Thu. Jun 26th, 2025

News – Government of Russia


The deputy chairman of the government, Alexander Novak, at the site of the St. Petersburg International Economic Forum, performed at the panel session “The World TEK market in search of balance between the interests of manufacturers and consumers.” It was also attended by the Secretary General of OPEC Haitam al-Gais, Minister of Energy and Natural Resources of Turkey Alparslan Bayractar,
The Minister of International Economic Relations under the Government of the Republic of Serbia, Chairman of the Serbian People’s Party Nenad Popovich, Minister of Foreign Affairs and Foreign Economic Relations of Hungary Peter Siyyarto, Deputy Prime Minister of the Republic of Uzbekistan Zhamshid Khojaev.

Alexander Novak designated the vector of the current strategy of Russia in modern conditions in the global energy market and spoke about the key steps that are being taken to ensure the sustainable development of the country’s oil and gas sector.

“For the Russian economy, the oil and gas industry is key. This is a driver for investment, economics, new inventions, for the introduction of modern research and development work. Over the past 20 years, our oil and gas industry has made a huge jump. Firstly, oil production increased from 300 to more than 500 million tons per year (+80%). We had new prey regions – we began to mines raw materials in Eastern Siberia, on the shelf. We have developed and learned to use TRIZ technologies. This is important, since the lion’s share of the reserves of the future is reserves that are at greater depths, with more difficult to extract layers, ”said Alexander Novak.

The Deputy Prime Minister added that the issue of technology development today is key.

“Despite the numerous sanctions of unfriendly countries and the desire to stop the development of the Russian economy, including through the fuel and energy complex, we see that our industry not only retained its production indicators, but also survived, and became an order of magnitude higher. It has become more competitive and technologically developed. The sanctions forced us to ensure import substitution, their own developments appeared instead of technologies that were previously purchased abroad. Our industry was loaded, an impetus was given to the development of the Russian economy as a whole, ”said Alexander Novak.

He recalled that among the key tasks of the development of the fuel and energy complex set by President Vladimir Putin, – ensuring internal energy security, an increase in the share of deep redeems due to the development of oil and gas chemistry, international cooperation, as well as the development of infrastructure for the supply of energy resources to domestic and foreign markets.

The OPEC Secretary General Hight Al-Gais noted that the demand for oil in the world is growing.

“We see that the world is growing, and by 2050, 2 billion new people will appear on the planet, and the global economy will double compared to current parameters. By 2030, half a billion people will live in new cities, which in size will amount to 100 St. Petersburg. And this is heating, air conditioners, and in general an increase in energy consumption. In addition, new consumers are mining and data centers. By 2050, we are predicting a 24 percent growth in energy consumption to the current level, which requires additional investments in the sector. They must be stimulated, ”said the Secretary General of OPEC Haitam al-Gais. OPEC does not see the peak of oil demand even by 2050.

In Turkey, both gas consumption and share are growing today? renewable energy sources. And the main goal of the country is to ensure the safety and accessibility of energy supply. “We diversify our portfolio, investing in renewable energy sources. By 2035, we want to four times increase the capacities of the production of components of solar and wind energy. We have ambitious plans for nuclear energy – to increase its production by 2050 to a level of at least 20 GW. To do this, we need four reactors, and we work with Rosatom. There is also a focus on low generation and the desire to build another 5 GW station, ”said Alparslan Bayractar, Minister of Energy and Natural Resources of Turkey about the development plans of energy in the country.

According to him, the development of shelf deposits has also begun in Turkey, the energy of which today provides 4 million households of the country. By 2028, this amount is planned to be increased by 4 times. Türkiye is looking for oil and gas in developing countries, and also invests in its own infrastructure and is preparing to create large -scale capacities for gas export to Europe.

“Hungary will continue the energy cooperation with the Russian Federation, because it is very important for us to keep low prices for all our citizens, for families. Without Russian energy carriers, this is impossible for us, ”said the Minister of Foreign Affairs and Foreign Economic Relations of Hungary Peter Siyyarto, commenting on the European Commission to abandon the EU countries from Russian energy by 2027. In his opinion, Brussels and Kyiv set the goal of cutting Europe from the supplier of cheap and affordable oil and gas, which for many years for Hungary has been. At the same time, the European Commission does not offer any alternative in the form of others of the same reliable and inexpensive sources of energy resources.

The participants in the discussion agreed that in conditions of growing energy consumption in the world, diversification of its sources and international cooperation for the development and reliable supplies of both traditional and alternative types of energy resources are necessary. This is especially important during the period of geopolitical instability and exacerbation of local conflicts in a number of regions of the world.

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