Russian Gas Chemistry: Challenges and Prospects
Russia possesses the world’s largest natural gas reserves at approximately 47.8 trillion cubic metres, roughly 22% of the current global resource base, and it is the clear leader in terms of raw material costs. The result is a unique opportunity to further develop processing, monetize pipeline gas into LNG, and capitalize on projects for the chemical utilization of natural gas such as the production of ammonia, methanol, olefins, and other refined products. In the coming years, natural gas conversion may come to drive the Russian economy, with the current environment making projects for the monetization of gas even more economically viable. How are the biggest producers of gas approaching its monetization? How does Russia’s isolation from Western technologies and equipment affect project implementation? Are Russian companies ready to step in and take the place of Western technology companies? What changes to project financing must take place, and how ready are Russian banks? What strategic choice faces the traditional players – producers of nitrogen fertilizer and methanol – in the gas monetization market? What support must the government provide for new projects? How will international cooperation on gas monetization projects look in the new reality?
Moderator
Egor Krivchun,
General Director, GIAP
Panellists
Darya Borisova,
Member of the Board – Managing Director for Development and Innovations, SIBUR
Ivan Oseledets,
General Director, AIRI – Artificial Intelligence Research Institute; Director, Center for Artificial Intelligence Technologies, Skolkovo Institute of Science and Technology (SkolTech)
Darya Snitko,
Vice-President, Gazprombank
Yury Stankevich,
Deputy Chairman of the Committee of the State Duma of the Federal Assembly of the Russian Federation for Energy
Roman Trotsenko,
Founder, Chairman of the Board of Directors, AEON Corporation
Nikolay Tsekhomskiy,
First Deputy Chairman – Member of the Board, VEB.RF
Oleg Shiryaev,
General Director, Mineral and Chemical Company "EuroChem"