1. Russia in global energy context Remarks at the 11th Annual Global Energy Forum by Yevgeny Zvedre, Science & Technology Attaché Embassy of the Russian Federation in the US, April 29, 2008

2. Russian energy sector development Russian energy sector development Russian-American energy dialog Russian-American energy dialog

3. Major trends in the world energy market 1) sharp growth of consumption of energy by developing Asian countries (up to 45 % of a perspective growth of global demand for oil) 1) sharp growth of consumption of energy by developing Asian countries (up to 45 % of a perspective growth of global demand for oil) 2) widening gap between consumption and production of oil and gas in economically advanced countries (by 2020 from 60-70 % of gas supply of Europe it will be imported, majority of the largest Asian countries have already exceeded this figure) 2) widening gap between consumption and production of oil and gas in economically advanced countries (by 2020 from 60-70 % of gas supply of Europe it will be imported, majority of the largest Asian countries have already exceeded this figure) 3) Insufficiency of processing and transport capacities; 3) Insufficiency of processing and transport capacities; 4) Insufficiency of investments into all stages of oil-and-gas production 4) Insufficiency of investments into all stages of oil-and-gas production

4. Energy security principles approved at the 2006 G8 Summit in St. Petersburg transparency of the markets transparency of the markets development of new energy sources and transport routs development of new energy sources and transport routs focus on problems of energy poverty focus on problems of energy poverty Ecology Ecology increase of energy efficiency increase of energy efficiency balance of interests and equal responsibility of suppliers, transit countries and consumers balance of interests and equal responsibility of suppliers, transit countries and consumers

5. Energy Strategy of Russia Increase energy efficincy Increase energy efficincy reduce impact on environment reduce impact on environment sustainable development sustainable development energy development energy development technological development technological development improved effectiveness and competitiveness. improved effectiveness and competitiveness.

6. Russia in the global energy market 13% of the world’s territory 13% of the world’s territory 3% of the world’s population 3% of the world’s population 25% - gas reserves 25% - gas reserves 12% - oil 12% - oil 10% - coal 10% - coal 8% - uranium. 8% - uranium.

7. Gas Sector 25% of the world's known gas reserves 25% of the world's known gas reserves 16% - 22% of global production output 16% - 22% of global production output 22.9% of global natural gas export 22.9% of global natural gas export

8. Oil Sector 12.1 % of global oil production 12.1 % of global oil production 11.6 % of global oil exports. 11.6 % of global oil exports. Export structure: 5 million b/d of oil 5 million b/d of oil 2 million b/d of refined products 2 million b/d of refined products

9. Coal 375 billion tons - geologic reserves 375 billion tons - geologic reserves 250 billion tons - economically recoverable 250 billion tons - economically recoverable 4.3% of global coal production 4.3% of global coal production 11.3% of global coal export 11.3% of global coal export

10. Electricity 951 TWh - produce 951 TWh - produce 23 TWh - export 23 TWh - export 63% generated by thermoelectric power plants 63% generated by thermoelectric power plants 21% by hydropower 21% by hydropower 16% comes from nuclear reactors 16% comes from nuclear reactors

11. Nuclear energy 137 billion kWh per year (16% of total output and 5.4 % of global nuclear energy production) 137 billion kWh per year (16% of total output and 5.4 % of global nuclear energy production) 21,244MW - total installed capacity of nuclear reactors (31 reactors) 21,244MW - total installed capacity of nuclear reactors (31 reactors)

12. Renewable energy sources Russia has a potential estimated in 360-430 million tons of conventional fuel. Russia has a potential estimated in 360-430 million tons of conventional fuel. Today share of renewables in the Russian power output does not exceed 1,5 %. Today share of renewables in the Russian power output does not exceed 1,5 %. Geothermal, wind, solar, and ocean energy together provide 0.8% of final energy consumption. Geothermal, wind, solar, and ocean energy together provide 0.8% of final energy consumption. According the modified Energy Strategy this figure will go up to 3-5 percents by 2015. According the modified Energy Strategy this figure will go up to 3-5 percents by 2015.

13. Russian-US Strategic Framework Declaration emphasizes the importance of bilateral energy dialog Russian-US Strategic Framework Declaration emphasizes the importance of bilateral energy dialog Energy Working Group - to find ways to enhance energy security and diversify energy supplies through economically viable forms and routes guided by the G-8 St. Petersburg summit principles Energy Working Group - to find ways to enhance energy security and diversify energy supplies through economically viable forms and routes guided by the G-8 St. Petersburg summit principles Energy is a key issue on the agenda of the ongoing inaugural Meeting of Russia-US Economic Dialog Energy is a key issue on the agenda of the ongoing inaugural Meeting of Russia-US Economic Dialog

14. Thank you for your attention