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10.08.2020

Russian-German Economic Cooperation Center is holding an online event – German Energy: Business Opportunities

The event is going to take place in anticipation of SPIGF 2020

The event is going to take place in anticipation of SPIGF 2020 on August, 19 at 10 a.m. - 11:30 a.m., CET .

In anticipation of the 10th St. Petersburg International Gas Forum, the Russian-German Chamber of Commerce together with ExpoForum International and the Russian-German Economic Cooperation Center, supported by the Strategic Initiative Agency, are making arrangements for an online event – German Energy: Business Opportunities.

Germany is one of the major Russia’s partner. Energy takes a significant place in the two countries’ cooperation. The Russian-German collaboration in this sphere has been developing during several decades, covering a few dimensions at once, from natural gas and oil supplies to power engineering in Russia, as well as oil production in Germany.

The countries are actively cooperating on the issues of hydrogen energy and energy containment, energy intelligence, smart grid construction for power supply, enhancement of building efficiency. Moreover, they develop programs for energy efficiency support and promotion, and do many other things.

The event will include a discussion of the Russian-German cooperation, a gradual transition to major use of renewable energy sources and their business prospects.

*Important information for German participants – the event will start at 10.00 a. m. (CET)

Online conference will be held in German, English and Russian languages with simultaneous translation

The event program and registration

Organisers: Russian-German Chamber of Commerce, ExpoForum International, Russian-German Economic Cooperation Center

04.08.2020

Qualification to the Youth Day has been completed

The project is traditionally included in SPIGF-2020

The project is traditionally included in SPIGF-2020.

The Virtual Academy, the first stage of the Energy Challenge 2.0 (Youth Day) project has just been completed.

For three months, April 15 - July 10, 270 students representing 75 universities of 22 countries studied online on the educational program "Energy 2020: Back to the Future" based on the UNECON distance learning platform.

The Energy Challenge team from the Higher Economic School of UNECON carried out serious expert and organizational work and prepared three training modules.

Module 1. Hindsight: to summarize and compare the expectations and results of the major energy events and trends since the beginning of XXI.  

Module 2. Foresight: to determine the trends and technologies, that will form the foundation of our energy future for the next 20-30 years.

Module 3. Insight: to what kinds of policies, strategies, and investment decisions should be taken right now on a corporate level to ensure our safe and sustainable future.

The training process was organized in English. It included self-study analytical and video materials, 18 webinars by energy industry professionals, and experienced managers from partner companies, as well as the intermediate challenges to consolidate knowledge.

Each online meeting was devoted to topical issues of energy industry development, application of new technologies, and building of business processes. The tandem of moderators Rob Veersma from Gazprom International Training B.V. and Pavel Metelev from HES UNECON provided the communication of the speakers with the audience.

The final #project_challenge for the Virtual Academy participants was to present the results of full-fledged research or project in energy. Each participant presented three documents: project summary, proposal, and short video presentation.

90 participants have successfully completed all the challenges and should receive the Graduation Certificate.

In addition, according to the individual rating, the top 50 students will be invited to participate in the Youth Day of the 10th St. Petersburg International Gas Forum. The program of events will include team building, business game, meeting with top managers of leading international energy companies, and other activities.

The partner are: Gazprom, Uniper, Wintershall Dea, Energy Delta Institute, Gasunie, OMV, ESMT Berline и Shell.

 

03.08.2020

Global gas markets in the times of instability: current trends and perspectives

At the third session of a series of webinars in anticipation of the 10th St. Petersburg International Gas Forum, experts discussed the relevance of natural gas, its current state and potential

At the third session of a series of webinars in anticipation of the 10th St. Petersburg International Gas Forum, experts discussed the relevance of natural gas, its current state and potential

The gas industry is going through a difficult period, raw material prices have fallen significantly, and many modern factors are challenging the sector and its business models. Analysts note that in recent years, liquefied natural gas (LNG) has become, on the one hand, a driver of changes in the market, and on the other, has awakened many reasons for discussion. Leon Stille, General Manager of the Energy Delta Institute (EDI), moderated the webinar.

 

Dr Andrej Pustišek professor of energy economics at the University of Applied Sciences, Stuttgart, Germany and at the University of Karlsruhe spoke about the trends pursuing liquefied natural gas. He noted that the main trend in 2018 was the growth of LNG exports from both the United States and Russia to Europe, resulting in a positive growth forecast for the next periods. Consequently, the major trade movements in 2019 showed liquefied natural gas exports increasing by four times in USA and almost three times in Russia, leading to a stable growth for the beginning of 2020 for natural gas. Nonetheless, the current situation is completely different: “NG was not hit as badly as coal or oil, but a [2020 forecast] 5% decrease in a year where it was assumed a [2019 forecast] 4% increase is considerable”. Concerning prices, Andrej points out that despite the sudden plunge being experienced nowadays, there is a light at the end of the tunnel with estimations signaling a price increase up to about 5 USD/MMBtu by the end of 2020.

Moreover, there might be a positive aspect from the crisis, Andrej discuss: due to the coronavirus pandemic, even though the CO2 concentration in the atmosphere remains growing, there has been a significant drop in CO2 emissions: “NG might be favored as it is the fuel with lowest CO2 emissions […] CO2 emissions trading allowance rose equivalently from the year 2018 to these days and they might help reducing coal fired electricity production and promoting natural gas” – thinks the speaker.

As for what the future holds for natural gas demand, the speaker mentions that according to major institutions forecasts, the European demand would at best remain stagnate or even decline a bit.

The speaker is sure that natural gas can develop in Asia and North America due to the fact that there are conditions for transportation, there are pipelines and these pipelines can be used not only for transporting LNG, but also carbon. "Mostly Asian markets are developing in their own way, but they are also moving towards liberalization, and legislation is expected to be harmonized. The separation of oil and gas prices is already observed in Europe and then will become noticeable in Asia, there will be special contracts, this will be due to the growth of volatility" – points out Andrej Pustišek.

As general conclusions, Andrej emphasizes that the role of natural gas in a renewable environment has to be strengthen: “We could and we should use NG to reduce CO2 emissions instead of waiting for renewables to be developed”. Furthermore, the expert points out that the NG industry should also catch up with the digitalization trend. He continues drawing attention to the “trend-to-blend”, meaning that the admixing of hydrogen, green gas or other molecules should be increasingly considered.

 

Tatiana Mitrova, PhD, Director, Energy Center, SKOLKOVO Business School, Senior Research Fellow in the Oxford Institute for Energy Studies (OIES) and Scientific advisor at the Energy Research Institute of the Russian Academy of Sciences (ERI RAS) has devoted her presentation to global perspectives and challenges of natural gas.

Tatyana shared what is the projected gas consumption during the next two decades in the major gas consumption regions, and showed that European markets will remain stagnate or even slightly declining, while North America is demonstrating some growth. However, the major upside for the gas industry is concentrated in the Asian market.

As for the current momentum, she acknowledges: "Right now, indeed there has been a perfect storm for the global gas market.” Tatiana Mitrova explained.

The speaker reported that at the end of 2019, markets around the world and in certain regions were already in a special situation, new supply projects were emerging, and storage facilities were filled in Europe. "The price decline was expected, but it was not foreseen that it would be far below the break-even price. The question arises, what will recovery after coronavirus look like? Will countries be able to switch from coal to gas?" the speaker asked.

The Director of the energy Center of the Moscow school of management SKOLKOVO pointed out the main directions of the expected future prospects for LNG: energy transition, climate change and the readiness of countries to meet the requirements of the "Paris agreement", the transition to other fuels and geopolitics.

"We need to reduce emissions of greenhouse gases and harmful impurities, which is why we are talking about decarbonizing natural gas. To achieve zero emissions, natural gas must meet the challenges facing the sector. I think that some companies do not fully understand how quickly we need to improve, implement projects, implement technological solutions, actively inform, and not just talk. Oil and gas companies should become an integral part of a sustainable future" - states Tatiana Mitrova.

Energy Delta Institute is the world’s leading energy business school founded jointly by the Dutch companies N.V. Nederlandse Gasunie, Gasterra, Shell, University of Groningen and JSC “Gazprom” from the Russian side. We offer a unique range of programmes that cover all parts of the energy value chain and all aspects of the great energy transition. For more information about Institute, please visit the website: www.energydelta.org.

 

 

Organisers: Energy Delta Institute (EDI), ExpoForum International.

 

Sponsor – Gazprombank (Joint Stock Company).

 

Gas Forum is the leading venue to discuss topical issues of the industry. During the Forum industry leaders make their decisions that provide direct impact on formation of the global gas market.

Among Forum participants – top managers of large world leaders on the oil and gas market, representatives of the innovation centers and design institutes, industry experts, academicians, heads of specialised universities and research institutions.

The Forum is supported by federal and regional authorities: Ministry of energy of the Russian Federation, Ministry of industry and trade of the Russian Federation, Administration of St. Petersburg, and Russian and foreign industry associations.

One site taking together representatives of state authority bodies, key international and Russian business communitiesand representatives of the R&D communities and design institutes can discuss global tendencies and state policy in the gas sector and many other actual problems.

SPIGF 2019 SPEAKERS

The St. Petersburg International Gas Forum dates back from 2011. The principal objective of the Forum is to provide a platform for substantive dialogue between leaders of gas industry.

The Forum is by rights a unique gas industry event in Russia: besides an extensive exhibition program, every year the Forum provides a convention program that ensures substantive discussion of the most acute and pressing issues.

SPIGF’S UNIQUE BENEFITS

SUBJECT CONSOLIDATION OF THE EXHIBITION AND THE CONVENTION PROGRAMS

Dialogue between global gas companies and key partners
Elaboration of strategic solutions

PLATFORM FOR INTERACTION BETWEEN GAS INDUSTRY LEADERS

Among Forum participants – top managers and decision-makers of major industrial companies
99% of visitors are industry experts

FORUM WILL TAKE PLACE IN EXPOFORUM CONVENTION AND EXHIBITION CENTRE

Expoforum – a modern venue for the international dialogue, cooperation and exchange of best practices

Saint-Petersburg, Peterburgskoye highway 64/1

EXPOFORUM, pavilion F, G, H, congress center

 

October 6–9, 2020

 10:00 a.m. – 06:00 p.m.