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Home›Clean Fuel›Russia: Investments in New Fields Development and Energy Saving Can Compete, Gazprom’s Oleg Aksyutin Says
Clean Fuel

August 25, 2011 · about 15 years ago

Russia: Investments in New Fields Development and Energy Saving Can Compete, Gazprom’s Oleg Aksyutin Says

Wednesday Irkutsk hosted the opening of the 20th Annual International Congress “Innovative Technologies in the Oil, Gas, Energy and Communication Sectors”. Gazprom’s delegation led by Oleg Aksyutin, Member of the Company’s Management Committee, Head of the Gas Transportation, Underground Storage and

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Wednesday Irkutsk hosted the opening of the 20th Annual International Congress “Innovative Technologies in the Oil, Gas, Energy and Communication Sectors”. Gazprom’s delegation led by Oleg Aksyutin, Member of the Company’s Management Committee, Head of the Gas Transportation, Underground Storage and Utilization Department is taking part in the Congress.

Delivering his presentation to the conference participants, Oleg Aksyutin highlighted that Gazprom was paying special attention to the implementation of the Company Innovative Development Program until 2020.

Among the top-priority application areas for innovative technologies and equipment, the speaker, in particular, mentioned the following:

“ Implementation of these and other aspects of Gazprom’s innovative development can result in a significant economic and environmental effect ,” stated Oleg Aksyutin.

For example, thanks to the application of modern technologies and equipment as part of the Company’s energy saving programs, between 2002 and 2010 Gazprom saved fuel and energy resources equal to 29.8 million tons of fuel equivalent, including 28 billion cubic meters of gas. The economic efficiency accounted for RUB 24.4 billion.

Presently, the Company implements the Energy Saving and Energy Efficiency Improvement Concept 2011–2020 and the Energy Saving and Energy Efficiency Improvement Program 2011–2013. The Concept is aimed at maximally realizing the energy saving potential in all of the activities and consequently reducing the anthropogenic impact on the environment. The challenge will be addressed through the application of innovative technologies and equipment, as well as through the improvement of the energy saving control process. The energy saving potential between 2011 and 2020 is determined at 28.2 million tons of fuel equivalent.

According to Oleg Aksyutin, the analysis performed as part of the Energy Strategy of the Russian Federation shows that by 2020 the demand for additional gas volumes will be in the range of 160–250 billion cubic meters a year depending on a development scenario of the country’s economy, while the energy saving potential will be 170 billion cubic meters a year. “ So, investments in new fields development and energy saving can compete. The priority area of financing will mainly depend on the productivity of measures aimed at higher energy efficiency. Considering the increased costs and the difficulty of access to new fields, innovative energy saving technologies that used to exceed production costs, can become relevant ,” highlighted Oleg Aksyutin.

[mappress] Source: Gazprom, August 25, 2011;

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