Publications

Yakov Sergienko, CEO of Yakov and Partners, has presented the company’s vision for the future global energy landscape and Russia’s place in it. The discussion of the current and future energy landscape took place at Russian Energy Week 2024

Successful energy transition will depend on the accelerated commercialization and integration of technologies of the future

In order to preserve the sovereignty and ensure long-term sustainability of Russia’s Arctic territories amid intense global competition, Russia needs to continue consistent implementation of its comprehensive Arctic development strategy, which contemplates massive investments amounting to almost USD 190 billion

Restoring balance in the energy market will crucially hinge, among other things, on how Russia opts to develop its energy sector

In seven years, Russia will have the opportunity to cease to be a predominantly "gasoline" state, and diesel power plants will lose their status as the most cost-effective

Significant budget deficits in the gas industry may persist through 2030. The pipeline projects set to be commissioned before 2030 will not be able to fully offset the lost export volumes

Further development of the OFS market will as before be driven by the level of oil production, increasingly complicated geological settings, and the price of oil

Up to 16 million jobs could be at risk, and the debt burden of the EU public sector would, for the first time, exceed GDP

Europe’s tagets to reduce its reliance on Russian gas in 2022–2023 are impossible without sweeping production stoppages