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Yamal Oil and Gas Forum: Finding Solutions to New Geopolitical Challenges

11 april 2022

11.04.2022 // Novy Urengoy has recently hosted its fourth Yamal Oil and Gas Forum. This year, the forum was titled New Challenges for the Oil and Gas Industry and was attended by over a hundred experts. On 7 and 8 April, top managers of major oil and gas companies, equipment manufacturers, scientists and government representatives discussed topical issues related to oil and gas production and processing in the Arctic.

One of the main issues brought up at the 2022 Yamal Oil and Gas Forum was the unprecedented pressure faced by the Russian fuel and energy sector and ways to keep the industry growing under it. New geopolitical challenges, which have radically shifted the existing energy balance, require new breakthrough solutions.

"Our companies have come a long way in recent years. But there is still a lot of work ahead. It is very important that all the parties involved in the process act in unison," says Dmitry Artyukhov, Governor of the Yamalo-Nenets Autonomous Area.

Photo from the official website of the Government of the Yamalo-Nenets Autonomous Area

The participants of the plenary sessions discussed how to adapt to the new realities and stop relying on imports as quickly as possible.

"Our top priority is solving the technological challenges. We need to create technological competences that will allow us to be on par with or even surpass the rest of the world. It is absolutely clear now that our natural resources are not a curse, but a source of opportunity, as well as our protection and our safety cushion," said Igor Shpurov, General Director of the State Commission on Mineral Resources, during the forum.

Government representatives said that they were ready to use all the available opportunities to support the parties involved in import substitution, including the introduction of benefits for companies that use Russian technologies.

The forum's programme also included the interregional exhibition Oil. Gas. New Technology for the Far North, during which 80 companies from all regions of Russia presented their original solutions for the domestic fuel and energy sector. The solutions range all the way from exploration equipment to artificial intelligence and meet the highest environmental standards.

Photo from the Yamal Oil and Gas Forum website Read more The Wealth Of Yamal Yamal is rich in a special way.


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