Valdai Club Discusses Main Trends and Scenarios of the Global Energy Development

19.04.2016

On April 19, 2016 , the Valdai Discussion Club will hold a round table titled "Global Energy: Key Trends and Political Risks" with presentation of the research "Global Energy: 2010-2015", prepared by an international team of authors and edited by Dr. Stephan C. Roh, President & CEO of ILS Energy.

The excess supply is the main factor of the oil prices sharp decline, which is observed since 2014. Shale gas revolution in the USA changed the layouts in the global energy market: the role of OPEC countries became not so significant as the role of shale oil producing companies. However, Russia's joining to the OPEC discussion about freezing oil production changes the existing setups - market expectations contributed to the positive rebound of oil prices. Experts are sure that in the short-term period Russia-OPEC negotiations will become the main engine of the market.

At the event experts will discuss the global trends in the energy sector, price expectations, as well as how the political risks’ influence on the oil market and the energy market expectations, taking into account the growth of electric cars production and use of renewable energy sources.

The discussion will be attended by:

∙ Joseph Mifsud, Director of the London Academy of Diplomacy, Professor;
∙ Igor Tomberg, senior research fellow at the Center for Energy Studies of the Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), professor;
∙ Stephan C. Roh, President & CEO of ILS Energy.

Moderator:

∙ Ivan Timofeev, Programme director of the Foundation for Development and Support of the Valdai Discussion Club, Programme Director at the Russian International Affairs Council (RIAC).

Working language - English.

Venue: Valdai Discussion Club Conference Hall (Bolshaya Tatarskaya 42, Moscow, Russia)
April 19, 2016, 10.00-11:30

Information for media: to attend, please fill in the accreditation form or call +7 926 930 7763 (Maria Miklushevskaya, Public Relations Division).

Information for participants: if you have any questions, please contact Ruben Prazyan, Event Management and Research Programs Division, by calling +7 903 730-3118.