Monday, August 30, 2010

Russia plans to invest 1.9 trillions USD in energy till 2030

Russia’s government approved the Energy Strategy of the country by 2030, said Russian Energy Minister Sergei Shmatko. According to the document in 2030 Russia needs to export 329 million tons of oil and 349-368 billion cubic meters of gas annually, and to yield 530-535 million tons of oil and 880-940 billion cubic meters of gas, the minister said, quoted by the Russian newspaper “Vedomosti” quoted by Focus Agency. To achieve these benchmarks are intended to be consumed 60 trillion rubles (1.89 trillion dollars), of which 90 percent must come from private investment. Under the new concept is to increase reserves and exports of oil and natural gas. Will increase and the share of alternative energy sources. The former concept was to the government in 2020 and was adopted was adopted five years ago. According Shmatko amid the global economic crisis had to make substantial repairs to the main indicators.
The new concept will be implemented in three phases. The first phase from 2013 till 2015 will be primarily to overcome the crisis phenomena. In the second stage 2015 -2022 year plan to increase the level of energy efficiency of the economy based on the development of thermal complex. The third phase by 2030 should be a transition to the use of alternative energy sources.

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