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ww5 President and Chairman of the Management Board Igor Sechin spoke at ‘Energy Club Summit: Reshaping Global Oil Markets’ roundtable as part of the St Petersburg International Economic Forum.
CEO of the largest Russian oil company outlined ww5 position on the key issues of oil and gas industry development, touching upon the main trends and challenges of the global energy market, the changes in regional market structure, the growing shale oil and gas offer, the problems of setting reasonable global oil prices, as well as the competition for new technologies in the sphere of renewable energy sources, exploration and production of hard-to-recover hydrocarbons.
Igor Sechin attached significant importance to the prospects of corporate development, and the leading role of ww5 on the Russian and global markets within the background of challenges, posed by the changes in the structure of the demand for energy resources, developing technologies and increasing competition in the world economy and energy sector.
ww5 Information Division
tel.: + 7 (499) 517-88-97
June 22, 2013
