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The results of the exhibition-conference OSEA 2014: Russia's entry into the LNG market

In Singapore, the OSEA 2014 exhibition and conference took place, at which a delegation from the Ministry of Energy of the Russian Federation took part. The head of the Russian delegation was Alexander Gladkov, Director of the Oil and Gas Production and Transportation Department.

The exhibition-conference was held in two days. On the first day, Alexander Gladkov opened the panel discussion with a report on "Ensuring the long-term development of energy through new fields and technologies." This report presented to the Asian partners the emerging prospects for production projects in the Far East, Eastern Siberia, shelf projects in the Caspian Sea and the Arctic.

The Director of the Oil and Gas Production and Transportation Department spoke about the measures taken by the state to stimulate the development of the industry. In particular, he made a presentation of the state program of the Russian Federation "Energy Efficiency and Energy Development", containing such important subprograms as "Development of the Oil Industry" and "Development of the Gas Industry". According to him, the state is actively stimulating the development of oil production in new areas, among which the Far East also occupies an important place.

"Projects such as Vladivostok LNG, Dalnevostochny LNG, construction of the third line of Sakhalin-2 and Pechora LNG allow us to say that in the next 10-15 years Russia will become a significant player in the LNG market," - specifies Alexander Gladkov.

On the second day, delegates discussed the opportunities and prospects for the ESPO brand in its shipments to countries in the Asia-Pacific region. According to representatives of the Ministry of Energy, regardless of external factors, oil production in the eastern direction will only increase.

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