GECF, Gazprom stress on need to step up nat­u­ral gas pro­duc­tion

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The Gas Ex­port­ing Coun­tries Fo­rum (GECF) held its 40th monthly lec­ture re­cently (Oc­to­ber 30) with guest speaker Vi­taly Markelov, deputy chair­man of the Man­age­ment Com­mit­tee of Gazprom, in­tro­duc­ing Gazprom as a global en­ergy com­pany and the Rus­sian nat­u­ral gas gi­ant’s “Strat­egy for Ex­cel­lence”.

The Rus­sian Fed­er­a­tion is one of the Fo­rum’s found­ing mem­ber coun­tries with an ex­ten­sive port­fo­lio as re­gards to the nat­u­ral gas in­dus­try.

As per the new 2019 edi­tion of the GECF An­nual Sta­tis­ti­cal Bul­letin, based on the pri­mary source data re­ceived from the GECF Mem­ber Coun­tries, Rus­sia holds a vol­ume ex­ceed­ing 47.5tn cu­bic me­tres of proven nat­u­ral gas re­serves.

The coun­try is the sec­ond largest pro­ducer of nat­u­ral gas in the world with a mar­keted pro­duc­tion of more than 700bn cu­bic me­tres (bcm) in 2018.

As the ma­jor strate­gic doc­u­ment – the En­ergy Strat­egy 2035 – high­lights, in or­der to keep up the pos­i­tive de­vel­op­ment of the na­tional in­dus­try, the gas pro­duc­tion has to reach 795-820 bcm by 2024, and 850-924 bcm by 2035.

These en­deav­ours are to be made mainly by the ma­jor na­tional gi­ant, Gazprom, which has ex­pli­ca­bly show­cased its im­press­ing ca­pac­i­ties and lead­er­ship po­si­tion as a global en­ergy com­pany.

In his in­ter­ven­tion, Markelov ex­plored the com­pany’s con­tri­bu­tion to the en­ergy se­cu­rity of the Rus­sian Fed­er­a­tion. He stressed that be­ing com­mit­ted to the pledge of in­creas­ing the pro­duc­tion vol­umes, Gazprom pro­duced 497.6 bcm of gas in 2018. This is 5.7% (or 26.6 bcm) more than that in 2017.

In terms of gas ex­port, a record vol­ume of 201.8 bcm was achieved in 2018, ex­ceed­ing the pre­vi­ous year’s re­sult is 3.8% (or 7.4 bcm).

Mean­while, in yet an­other ac­com­plish­ment, the vol­ume of gas sup­plies to Europe and Gazprom’s share in the Euro­pean gas mar­ket have reached max­i­mum values.

The speaker also up­dated the au­di­ence on the mean­ing­ful progress recorded in the im­ple­men­ta­tion of such unique projects – both in scale and im­por­tance – as the Nord Stream 2, the Turk­ish Stream, and Power of

Siberia, the North­ern Gas Trans­port Cor­ri­dor. The TurkStream gas pipe­line, which runs from Rus­sia to Europe to sup­ply gas to Gazprom’s main cus­tomers via 2 lines of the through­put ca­pac­ity of 15.75bn cu­bic me­tres each, is ex­pected to be brought into op­er­a­tion by the end of the year, prior to the an­tic­i­pated date. More­over, gas sup­plies from Rus­sia to China will be­gin via the unique Power of Siberia gas pipe­line again this De­cem­ber. In terms of its tech­ni­cal pa­ram­e­ters and sig­nif­i­cance for the global gas trans­porta­tion sys­tem, this pro­ject oc­cu­pies an out­stand­ing place among all cross-bor­der gas trans­mis­sion sys­tems. This is termed as a “gas route” be­tween the world’s largest ex­porter and one of the world’s largest con­sumers.

Sum­maris­ing the out­stand­ing achieve­ments, Markelov stressed that this is not a “low-hang­ing fruit”, but the re­sults of con­sis­tent, tire­less work, made by the com­pany’s lead­er­ship and staff.

Apart from gas ex­port, the Gazprom group of com­pa­nies lead gasi­fi­ca­tion of the Rus­sia’s re­gions, step­ping up its ac­tiv­ity in the LNG mar­ket and such emerg­ing, yet promis­ing, ar­eas as hy­dro­gen and blue hy­dro­gen.

En­vi­ron­men­tal risk man­age­ment is a crit­i­cal ac­tiv­ity for Gazprom. The com­pany is com­mit­ted to en­vi­ron­men­tally re­spon­si­ble busi­ness, im­ple­ment­ing break­through (ad­vanced and brand­new) tech­nolo­gies, green­house gas ac­count­ing, and con­tin­u­ous im­prov­ing of its op­er­at­ing pro­cesses.

The com­pany’s prod­ucts have the low­est car­bon foot­print among that of the world’s largest oil and gas com­pa­nies.

A strong em­pha­sis is placed on de­vel­op­ing the nat­u­ral gas en­gines mar­ket, given its unique com­bi­na­tion of en­vi­ron­men­tal, eco­nomic and tech­no­log­i­cal ad­van­tages. Gazprom is ac­cel­er­at­ing the con­ver­sion of its own ve­hi­cles to nat­u­ral gas en­gines, while more than 52% of Gazprom’s fleet is al­ready run­ning on gas.

The com­pany is ac­tively de­vel­op­ing gas fill­ing in­fra­struc­ture in Rus­sia and abroad, pro­mot­ing the “Eco Gas” brand.

GECF sec­re­tary gen­eral Dr Yury Sen­tyurin said that based on sci­en­tif­i­cally grounded re­searches, the GECF shares the Gazprom’s pos­i­tive ap­proach to­wards nat­u­ral gas ve­hi­cles (NGVs) and ex­pects the trans­port sec­tor to give a new start and pro­vide large-scale ap­pli­ca­tion for nat­u­ral gas over the next 50 years.

“In or­der to shed a light on the mat­ter, our or­gan­i­sa­tion has ini­ti­ated sev­eral ex­plo­ration projects. One of those – on the LNG us­age in the trans­port sec­tor and bunker­ing – is to be car­ried out at the newly-launched GECF Gas Re­search In­sti­tute plat­form,” he said.

To build the mo­men­tum, Gazprom has launched and is suc­cess­fully run­ning a pro­ject of an­nual large-scale in­ter­na­tional NGV ral­lies. The “Blue Cor­ri­dor – Gas into En­gines” ral­lies started in 2008 and have al­ready in­volved more than 30 coun­tries of the world.

This is a mat­ter of a par­tic­u­lar im­por­tance, that the 2020 route starts from Doha, passes through Tehran and Baku, and fin­ishes in St Peters­burg, Rus­sia.

By this way, the rally is set to em­brace four of the GECF mem­ber coun­tries, pro­mot­ing the NGV per­for­mance.

Sen­tyurin lauded fruit­ful and benev­o­lent co-op­er­a­tive ties be­tween the Fo­rum and Gazprom, say­ing “it is with great value that along­side with the pos­i­tive re­sults al­ready recorded, there are emerg­ing yet land­mark joint projects to be im­ple­mented soon.” “Namely, the NGV rally, which with no doubt will win a great suc­cess once car­ried out.”

From left: Dr Yury Sen­tyurin and Vi­taly Markelov at the lec­ture.

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