The XIII International Forum

December 7-8, 2023, St.Petersburg

Arctic: today and the future




State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)" was established in 2007 and currently acts as one of the key instruments for implementing the state investment policy.

rosneft.jpg Rosneft Oil Company

"Rosneft is the largest subsoil user on the Arctic shelf. Today the Company owns 26 license areas with total resources exceeding 38 bln tons of oil equivalent. Rosneft's share exceeds 78% of the total area of licensed areas in the Arctic. The company plans to invest 400 billion dollars in the development of the Arctic shelf. According to the experts, the multiplier effect will exceed this amount by more than seven times. In July 2014, Rosneft and the Russian Geological Society have launched an initiative to develop an interdisciplinary program for scientific development of the Arctic.

Rosseti.jpg ROSSETI

ROSSETI is Russia's largest systemic electric grid company, a strategic asset of the government, and one of the world's leaders in electric power transmission and distribution. ROSSETI owns 2,100,000 km of distribution grids; 135,100 km of backbone grids; over 700 billion rubles in revenues annually; 221,200 employees; energy facilities located in 73 subjects of the Russian Federation; 43 jointstock subsidiaries and affiliates; 473,200 substations with 743.5 gigavolt-ampere transformer capacity.

01_Novatek.jpg Novatek

NOVATEK is Russia's largest private natural gas producer. The Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. It has twenty years of experience in the Russian oil and gas industry.

yamal_new.jpg Yamal LNG

The Yamal LNG project envisages the construction of a liquefied natural gas (LNG) plant with a capacity of 16.5 million tons per year on the resource base of the Yuzhno-Tambeyskoye field. Proven and probable gas reserves as of December 31, 2013 according to PRMS standards amount to 927 billion cubic meters The project is implemented by Yamal LNG, whose shareholders are OAO NOVATEK (60%), Total (20%) and CNPC (20%).