European Business Congress
Law, Banking and Finance
Working Committee Meeting
The Problems of Investment Promotion to the
Energy Projects in Adverse Conditions - Role
of Business Associations
Dr. Dmitry Kurochkin,
Vice President, Chamber of Commerce and Industry
of the Russian Federation
Taormina (Italy), April 17, 2015
Russia’s global ranking in oil, gas
and coal production
Source – RDIF
Forecast of the word energy consumption and
change in its structure
Period
Indicator
Oil
Coal
Gas
Atom
Hydro
Renewables
OPEC
2010
million tons
of oil
equivalent
4 051
3 586
2 734
713
292
1 322
OPEC’13
2010-2035
0,8%
1,6%
2,4%
1,2%
2,2%
2,3%
OPEC’14
2010-2035
0,6%
1,3%
1,9%
0,8%
1,6%
1,8%
OPEC’14
2010-2040
0,7%
1,4%
2,4%
1,6%
1,8%
2,5%
OPEC’14
2040
million tons
of oil
equivalent
4 933
5 507
5 492
1 149
495
2 734
IEA
2010
million tons
of oil
equivalent
4 134
3 604
2 737
719
296
1 399
IEA’13
2010-2035
0,8%
1,7%
1,9%
1,4%
1,9%
1,9%
0,9%
1,6%
1,8%
1,1%
1,8%
2,1%
27%
29%
24%
5%
2%
13%
IEA’14
2010-2040
IEA’14
2040
annual rate of
increase
annual rate of
increase
million tons
of oil
equivalent
Source – OPEC, International Energy Agency (IEA)
Forecast of supply and demand for
liquid fuel
Demand
Supply
140%
120%
120%
100%
100%
80%
80%
60%
60%
40%
40%
20%
20%
0%
0%
OPEC’14 IEA’14 OPEC’14 IEA’14 OPEC’14 IEA’14
2013
OPEC production
2020
2040
Production outside of OPEC
OPEC’14 IEA’14 OPEC’14 IEA’14 OPEC’14 IEA’14
2013
OECD consumption
2020
2040
Consumption outside of OECD
On the side of supply, change in reserves is not considered for the OPEC forecast; addition by volume in the process of oil
refining is not taken into account for the IEA forecast
Source – OPEC, IEA
Direct Investments in Russia:
oil and gas sectors
2014
2013
bln rub
% to
2013
% to total
% to total
Total in the economy
6 070,1
102,3
100,0
100,0
Mining operations, including
1 345,6
107,4
22,2
21,2
1 226,0
109,7
20,2
19,0
1 140,4
105,0
18,8
18,5
318,7
114,7
5,2
4,6
Production and distribution of electric power, gas
and water, including
639,4
101,3
10,5
11,0
Production, transfer, and distribution of
electric power
531,4
105,5
8,8
8,3
Gas production and distribution
32,0
114,7
0,5
0,4
1 247,2
100,6
20,5
21,5
433,2
117,2
7,1
6,5
Fuel and energy extraction
Treatment production, including
Production of oil products
Transport and communication, including
Transportation via pipelines
Source – Rosstat, Fixed capital investments without small enterprises
Dynamics of investments in 2008-2013
and forecast till 2020
(bln rub)
Source – IA Infoline
Dynamics of investments in 2008-2013
and forecast till 2020
(bln rub)
Source – IA Infoline
Russia’s proven oil and gas reserves
Russia’s Arctic shelf potential
Total Foreign Accumulated Investment
sectoral structure, %
10
The RCCI System:
Investment Promotion
11
The RCCI System:
Arbitration and Mediation
12
The RCCI System:
Our Members
Cooperation on:
• 
• 
• 
• 
Industry development
Regulatory instruments
Cooperation between large companies and SMEs
Localization of manufactures in Russia (for foreign companies)
13
Italian-Russian Chamber of Commerce
Established in 1964
The President of CCIR
Rosario Alessandrello
14
The RCCI System:
BRICS Business Council
15
BRICS Business Council:
Strategy of Economic Partnership
STRATEGY OF ECONOMIC PARTNERSHIP
ROAD MAP FOR INVESTMENT COOPERATION
RESERVE FUEL BANK
ENERGY ASSOCIATION
INSTITUTE OF ENERGY
POLITICS
16
The RCCI System:
Cooperation with Eurasian Economic Commission
17
The Center of Investment, Technology
and Trade
Center for Investment, Technology and Trade is
a powerful platform for assessing, promoting and transferring
domestic technologies to the Asia-Pacific region.
Main goal - satisfy technological needs of domestic industry.
Main tasks:
•  Facilitate investments into profitable high-tech projects.
•  Establish new channels of import and export.
•  Provide access to new technologies for domestic companies.
18
Investment Projects
Promotion System
Projects Generation
Regional Chambers of
Commerce and
Industry
Regional
Administrations
Regional
Development
Corporations
The RCCI
Investments and
Innovations
Promotion
Department
Projects Promotion
Strategic
Investors
The RCCI Foreign Offices
Business Councils with
Foreign Countries
Russian Embassies and
Trade Missions Abroad
The Scientific and
Technical Council
Foreign Chambers
of Commerce
INVESTORS
BUSINESS
Projects
Initiators
Analysis and selection
Managing
Companies
Investment
Funds
Commercial and
Investment
Banks
Since 2011
Investment Projects Promotion
2014
2015
76
were accepted
29
were selected and handed over
to potential investors
6
are underway
Voronezh region
Ivanovo region
Kostroma region
Orenburg region
Primorsky territory
Chelyabinsk region
20
The Industry Development Fund
the availability of loans for funding
76Enhancing
technological projects and creating new
were accepted
manufactures based on principles of the best
available technologies, accelerated investing in the
real economy sector.
6
are underway
2015:
Implementation of 100 investment projects
21
RCCI – Energy Sector
22
RCCI Investment Site Selection
The RCCI Foreign Offices in 30 Countries
JOSKIN
(Belgium)
Investment Climate Improvement
In cooperation with Agency for strategic
initiatives
Development and
Implementation of the
National Investment Rating
Development and
monitoring of the National
Business Initiative
Development and
monitoring of the Regional
Investment
Standard
сентябрь
2012-сентябрь 2013
24
RCCI Competitive Advantages
25
Chamber of Commerce and Industry of the Russian
Federation
Investments and Innovations Promotion Department
Tel: (+7 495) 620-0224
E-mail: [email protected]
www.tpprf.ru