Sep 06, 2018 04:33 PM

4th Eastern Economic Forum to Discuss Energy Cooperation in the Far East

Energy cooperation in the Far East, the use of new technologies, and other topical issues related to the modern energy sector will be front and centre at the 4th Eastern Economic Forum, which is to be held 11-13 September in Vladivostok. The Forum’s business programme has several panel sessions devoted to energy related issues and promises to involve representatives from regulatory bodies and industry leaders from Russia and the Asia-Pacific region.

The “New Energy Markets: The Far Eastern Vector” session will look at the journey of Russia’s Far East towards becoming an important energy centre for the Asia-Pacific region. The discussion will involve Minister of Energy of the Russian Federation Alexander Novak and Chairman of the State Grid Corporation of China Shu Yinbiao and will analyse Russia’s ability to meet the region's energy needs as well as the challenges facing the development of the energy market in the Asia-Pacific region and its general outlook.

As part of the “Oil and Gas Processing: Creating a New Industry Cluster” discussion, the potential of Russia’s Far East in relation to the development of petrochemical projects, including advantages resulting from its geographical location and the availability of natural resources will be considered. Participants will discuss what kind of energy products will be in demand in domestic and foreign markets and the prospects for the small-scale LNG market in the region. Speakers include Deputy Minister of Energy of the Russian Federation Pavel Sorokin, and the session will be moderated by Anton Poryadin, Partner, Head of Strategy and Transformation Practice in CIS, EY.

The “Energy Cooperation in Northeast Asia” session will focus on opportunities for strengthening intraregional cooperation in the energy sector, ensuring energy security, and developing scientific and technological cooperation with an eye to the specific patterns in place for energy production and consumption in the region. Leading international energy experts will answer questions about the role of Russian energy in Northeast Asia and how to ensure a transition to sustainable production and consumption of energy in the region.

EEF 2018 will also touch on the development of the world’s oceanic energy resources.

Discussion of these and other energy related issues will continue as part of the business programme of the International Forum “Russian Energy Week” (REW 2018), which is to be held 3-6 October in Moscow in the Central Exhibition Hall “Manege”.

Reference Information

The Eastern Economic Forum

The Eastern Economic Forum is held annually with the objective of facilitating the accelerated development of the Russian Far East’s economy and expanding international cooperation in the Asia-Pacific region in accordance with the Executive order of the President of the Russian Federation No. 250 of 19 May 2015.

The 2018 Eastern Economic Forum will be held in Vladivostok from 11–13 September. Far Eastern Federal University’s (FEFU) campus on Russkiy Ostrov will serve as the forum’s venue.

The Official EEF Site:

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions, exhibitions, and public events.

The Roscongress Foundation was founded in 2007 with the aim of facilitating the development of Russia’s economic potential and strengthening the country’s image by organizing international conventions, exhibitions, and public events. The Foundation develops substantive content for such events, providing companies and organizations with advice, information, and expert guidance, and offering comprehensive evaluation, analysis, and coverage of the Russian and global economic agendas. It offers administrative services and promotional support for business projects and helps to attract investment, including in the form of public-private partnerships.

Today, its annual programme includes events held from Montevideo to Vladivostok, offering an opportunity to bring together global business leaders, experts, the media, and government officials in one place, creating favourable conditions for dialogue and the promotion of new ideas and projects, and assisting in the creation of social enterprise and charity projects.

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