Outcomes of working meeting between Alexander Ananenkov and top managers of largest Japaneese energy business
Gazprom’s Headquarters hosted yesterday a working meeting between Alexander Ananenkov, Deputy Chairman of Gazprom’s Management Committee and a delegation of top managers of the largest Japanese energy businesses, leaded by Mr. Susumu Naito, Chairman of the Board of Management of the Rinnai Corporation.
In the course of the meeting, the Japanese side familiarized itself with the main guidelines of Russia’s Energy Strategy up to 2020 as well as with the Program on setting up in Eastern Siberia and the Far East an integrated gas production, transmission and supply network, taking into account potential exports of Russian gas to Asia Pacific.
“A comprehensive and state-led approach is needed to develop oil and gas resources of Eastern Siberia and the Far East. One of Gazprom’s crucial tasks in this direction is gradual expansion of the Russian United Gas Transmission System eastwards,” – noted Alexander Ananenkov.
The meeting also addressed potential cooperation between Gazprom and Japanese businesses in gas processing technologies as well as prospects of Russia-Japan made equipment and machinery supply with the view of implementing gas projects in Russia.
The parties expressed their interest in promoting dialogue in various directions of cooperation.
Japan is the world’s fourth-largest power consumer and practically does not have its own energy resources. While the country’s explored gas reserves average 40 bcm, around 80 bcm per annum are needed to meet domestic gas needs.
Gas share in Japan’s power consumption accounts for 13% and, according to international analysts’ estimates, will reach 16% by 2020.
Japan is the world’s leading nation in liquefied natural gas imports, which accounts for almost 100% of overall gas consumed domestically. In 2002, LNG imports totaled 54 million tons (75.6 bcm). Indonesia, Malaysia and a string of Near Eastern countries are major LNG suppliers to Japan.
Information Directorate, OAO Gazprom