New industrial age; BRICS couries‘ reliance on energy resources for the developme of the world – Mehr News agency RCO News Agency
According to RCO News Agency, quoted by BRICS TV, the 14th St. Petersburg Iernational Gas Forum (SPIGF) was held with the presence of promine experts from 53 couries. This eve is considered as one of the most importa specialized meetings of the gas industry, a platform for exchanging views on the future of energy in the digital age and modern industrialization.
According to the statistics published by the organizers, more than 34,000 people participated in this eve and studied the developmes of the energy market in the form of 110 specialized meetings and 800 expert preseations. In a situation where the world has eered a new stage of industrialization and digital developme, natural gas coinues to play a ceral role in the economic growth of couries.
The role of BRICS in the global energy balance
Experts emphasize that the new ceers of economic growth from China and the Middle East (West Asia) to Ceral Asia, Southeast Asia, Africa and Latin America now accou for 60% of global gas consumption, and this share may reach 70% by 2050. Among them, Russia, China and India have a total of nearly 39% of global gas consumption.
As one of the 3 main gas consumers in the world, with the production of more than 685 billion cubic meters of natural gas and having proven reserves equal to 67 trillion cubic meters, Russia has an importa position in the global energy market. One of the main priorities of this coury is the developme of gas transmission infrastructure to Asia. In this regard, in September, Russia and China signed agreemes to increase the capacity of the “Power of Siberia” pipeline and start the construction of “Power of Siberia 2” through Mongolia.
“SergeyTsivilevThe Minister of Energy of Russia said in the main meeting of the forum: binding agreemes have been signed for the implemeation of the Power of Siberia 2 project with a capacity of 50 billion cubic meters. The curre pipeline has also reached its full capacity (38 billion cubic meters per year) and its developme project has started.
Liquid gas and the new energy market
Another strategic focus of the Russian energy industry is the developme of the liquefied natural gas (LNG) market. This coury currely produces 34 million tons of liquefied natural gas annually, which is equivale to 8% of global production, and this figure is expected to increase to 100 million tons by 2030.
According to the Russian Ministry of Energy, BRICS member couries have shown increasing ierest in importing Russian energy sources, including liquefied natural gas, coal and oil. “AngelicaEremeyeva“, an energy industry expert, emphasized: The main markets for the growth of Russian LNG exports include India, the Commonwealth of Independe States (CIS) and Southeast Asia.
From gas and oil to hydrogen; Future energies
BRICS couries have increasingly focused on low-carbon and renewable energy, along with fossil energy. according toNellySemenova“, an expert on energy and transportation cooperation between Russia, China and Ceral Asia, “the couries of China, India, Brazil and Russia cooperate closely in projects such as solar energy (ceered on the iernational solar alliance led by India), wind energy, bioenergy and the developme of hydrogen technologies”.
According to experts’ predictions, in the next decade, Russia will build a nuclear power pla with a high-temperature gas-cooled reactor, which will be iegrated with a hydrogen electrolysis complex and a carbon capture and reuse system. The cost of hydrogen production in such a complex is estimated at 1.5 dollars per kilogram.
At the same time, the use of natural hydrogen is also proposed as a new option. An example of this can be seen in the coury of Mali (Africa), where gas with 98% hydrogen composition is extracted from underground wells. Estimates show that underground hydrogen reserves in the world are about 5.6 trillion tons, although most of these resources are located at great depth and access to them is currely limited.
Huge gas resources in the Arctic
Russia’s natural gas reserves in the Northern region (arctic) is also impressive and according to the data preseed at the St. Petersburg Assembly, it is estimated as high as 87 trillion cubic meters. The extraction of these resources requires advanced technologies due to the harsh climatic and geological conditions of the region.
On the sidelines of this meeting, new offshore drilling technologies, automatic extraction systems, and remote sensing technologies for resource exploration in the Arctic coineal plateau were exhibited.
“AngelicaEremeyeva“, the professor of St. Petersburg Mining University, in a conversation with BRICS TV, stated: joi projects of BRICS couries and the Shanghai Cooperation Organization in the Arctic region require a comprehensive approach, because in addition to the political and technologicallyEnvironmeal issues are also of vital importance in it.
energy; The foundation of the new industrial age
Experts believe that in the new era of industrialization, energy sources are not only a means of providing lighting and heat, but also the basis for the developme of technology, artificial ielligence and data processing ceers. The increasing demand for electricity and fuel has boosted the demand for gas, oil and alternative fuels.
