Tatiana Mitrova’s Speech at MIOGE 2017
29/06/2017
Tatiana Mitrova, Director of the Energy Center of the SKOLKOVO Business School, gave a presentation at the 14th Russian Oil and Gas Congress, held June 27-29 at the MIOGE 2017 International Oil and Gas Exhibition. Ms. Mitrova not only chaired the plenary session, which had the topic Exploration and production of oil in Russia: current trends and future prospects: Key projects overview, but also made an introductory report on trends and prospects of oil exploration and production in Russia, which set the framework for further discussion.
In her speech, the Energy Center Director highlighted the most relevant issues for the oil industry. In particular, she mentioned the role of the industry in a changing world, the increased competition for the oil market, and a fundamental rise in the role of new technologies in ensuring competitiveness. Ms. Mitrova underscored her view that after 2025 a very active expansion of the resource base will be required to maintain production.
“The world is entering upon the threshold of a new energy era, there is a serious struggle for positions in the oil market. Old business models no longer work, resource rent gets replaced by technology rent. To support the current volume of oil production and sales in the future, Russia must develop and implement strategic solutions and technologies today", concluded Ms. Mitrova, in summing up her speech.
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