The 21st World Petroleum Congress in Moscow: Responsibly Energising a Growing World

May 13, 2014

amounts of natural gas over large distances usually require massive investments and large scale industrialization plants. Under this header the Congress will seek to address the latest innovations in project design and management, implementation of large facilities, regional supply and demand balance and pricing mechanisms, efficiency gains in GTL, CTL, LNG, CBM and CNG projects and opportunities to monetize stranded gas resources.   The impact of the growing unconventional gas supply is expected to be of key interest. For many the session on how to meet the growing demand from Asia should be engaging. In this context long distance transportation issues and solutions will also be addressed. Best practices sharing in hydraulic fracturing and gas mega projects and two moderated roundtables evaluating the global gas market and the future of natural gas in the energy mix should attract many participants.

Sustainable management of the Industry

To earn the right from society to continue doing business profitably  the industry must incorporate sustainability standards as part of its business model. This includes conducting business in the highest ethical manner and regulatory compliance, promoting the well being of the communities where it operates, implementing more stringent standards on safety and environmental protection, and respecting the human rights of people that it affects directly or indirectly, all while returning fair profits to shareholders. Here we will address practices and innovative approaches in dealing with environmental issues, renewable sources of energy, improving safety standards, social responsibility, transparency initiatives, attraction and retention of human resources and good governance practices.

A new record for abstract submissions

The Congress achieved a new record when inviting international experts to submit proposals for these topics. 2000 abstracts were received from 61 countries for the 25 Fora, 9 Best Practice Keynote sessions and 12 moderated Roundtables. About 42% of the abstracts submitted came from people younger than 35 years of age. I am happy to see that this is an increase from previous years. Most submissions came from a group of four countries; Iran, China, Russia and India.  This is also reflected in selected papers and posters, when 80 countries will be represented on the podium delivering their presentations.

The largest ever oil and gas exhibition in Russia

The World Petroleum Congress is traditionally supplemented by the World Petroleum Exhibition (WPE), showcasing the industry and its key players on the global level. The growing interest in Russia’s oil and gas industry is an important factor attracting over 500 exhibitors from more than 80 countries. Covering 55,000 sq.m., the exhibition is the largest ever in the WPC history as well as the largest oil and gas event ever to be held in Russia. More than 3000 global operators, contractors, suppliers and services will present their companies and strategic operations in front of over 20,000 visitors. The heart of the World Petroleum Exhibition is the Global Business Opportunities Center (GBOC), which features exhibits from the seventy National Committees of the World Petroleum Council.

The Exhibition will also feature key attractions such as the Social