EURASIAN ENERGY SUMMIT
9-12 December 2008
Shenzhen - Hong Kong, China

Eurasian Energy Summit is the first large scale fuel and energy event which focuses on new trends and development of new trading routes for energy industries of  Russia, China, Kazakhstan, Central Asia and Asia Pacific.

Trends – Reshaping the Energy Markets

China, Asia Pacific, Central Asia, India are the markets leading the drive in global energy consumption increase. Asia also accounts for a significant share of the world’s energy resource base,  and the fastest growing production capacities are also situated in this region — in Russia, a traditionally strong player in the energy sector, with the bulk of its reserves in its Asian part, Kazakhstan which is vigorously developing its oil and gas sector, and the Caspian. The huge potential of the Asian subcontinent for development of major energy markets has only been partially realised, and bringing these markets to maturity will require:

• political will in the CIS and Asia Pacific (particularly among the members of the Shanghai Cooperation Organisation)
• exchange of information and facilitation of networking for economic integration and market convergence

The Eurasian Energy Summit is designed to serve the latter objective.

The Summit’s Objectives

Overview and professional analysis of Eurasian energy markets, as well as assessment of their cooperation potential, with a specific emphasis on the new trends in the development of oil, gas, coal, and power sectors in Central Asia and Asia Pacific

Assessment of the region’s investment capabilities for the development of new trade routes, transportation and logistical infrastructure

Promoting development of new markets by introduction of new transportation routes, pricing and settlement systems

Establishing an effective networking platform for information exchange between oil, gas and power sector representatives of Russia, Kazakhstan, Republic of China and Central Asia – Asia Pacific countries

The Summit is structured as a multilevel and a multiflow event, covering all sectors of the energy industry, with the exception of nuclear.  The Summit will comprise 3 Forums – the Asian Oil and Gas Forum, Coal Forum China-CIS and Forum China-CIS Power and Renewables Forum. The Asian Oil and Gas Forum will consist of specialised sections and conferences. The Eurasian Energy Summit will therefore be both a general event covering all energy sectors and strategy of development of the energy industry and a range of specialised conferences in which every businessman and expert will find the relevant information and networking platform they require.

Ideologically, the Summit will reflect the shift of significance in development to the East of the Eurasian continent, to Central Asia, China, Asia Pacific.

History

The Summit has its origins in the annual Sino-Russo-Kazakh Oil and Gas Forum. The Forum was created to serve a critical need for efficient information exchange between the markets of Russia, China and Kazakhstan naturally gravitating to each other. The four Forums held in Dubai (2004), Beijing (2005 and 2007), and Shanghai (2006) were highly praised by the industry.

In the period between 2004 and 2006, the majority of participants represented oil and gas, transportation and consulting companies from Russia, China and Kazakhstan. The 2007 Forum featured participants from European and Central Asian countries, as well as from Korea, Mongolia and Japan. Among others, representatives of such companies as BG Group, Agip KCO, BNP Paribas, ENI, International Energy Agency (France), Japan Oil, Gas and Metals National Corporation, Korea Energy Economics Institute, and Mineral Resources and Petroleum Authority of Mongolia took part in the proceedings.

The previous Forums were organised with the active support of the Ministry of Industry and Energy of the Russian Federation, the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan, the SCO Secretariat, with participation of the Energy Institute of the National Development and Reforms Commission of the People’s Republic of China and the Ministry of Commerce.

Industry participants included Gazprom, Rosneft, TNK-BP, KazMunaiGaz, KazTransOil, CNPC, CNOOC, Sinochem, Sinopec, Petrochina, Shell International Trading and Shipping Company Limited, British Petroleum, Saudi Aramco, and an extensive number of other majors and prominent companies. The Sino-Russo-Kazakh Oil and Gas Forum has proven to be one of the most effective vehicles for strengthening and promoting trade and economic relations between the CIS and Asian-Pacific countries in the energy sector.

Apart from playing an important role in promoting trilateral cooperation and trade between Russia, China and Kazakhstan, the Forums have also generated interest from other countries in the region: India, Iran, Mongolia, Pakistan, Turkmenistan, Kyrgyzstan, Uzbekistan, South Korea and Japan.

Evolution

A growing diversification of participants and continuously developing topical scope resulted in the transformation of the Sino-Russo-Kazakh Forum into the Eurasian Energy Summit. The summit’s programme will include not only discussions focusing on the oil and  gas sector, but will also feature surveys and analyses of geopolitical issues and problems facing the coal, electrical and alternative energy markets: issues which will have a lasting effect on the exploitation of natural resources.

The Eurasian Energy Summit is an actively and vigorously evolving event.  It allows its participants to stay abreast of the most recent developments in the fuel and energy sector. We strongly believe that it will prove an effective vehicle for promoting cooperation between countries of the Eurasian continent in the energy sector.