The Ministry of Energy has started updating the energy strategy of the Russian Federation

The Ministry of Energy of Russian Federation has formed a working group, which has already begun updating the current Energy Strategy and expanding its operation until 2060, said the head of the Russian Energy Agency (REA) under the Ministry of Energy of the Russian Federation, Alexei Kulapin.

“To date, the Ministry of Energy has already organized work in this direction, formed an appropriate working group that is developing a draft amendment to the current version of the Energy Strategy,” said Kulapin, speaking at the St. Petersburg IMEX forum “Exchange Commodity Market”. The current version of the document is valid until 2035.

The strategy of low-carbon development of Russia until 2050 created the preconditions for adjusting the Energy Strategy, explained Kulapin. It, in turn, was created to solve the task set by the President of the Russian Federation Vladimir Putin, to achieve carbon neutrality by 2060.

In September, Deputy Energy Minister Pavel Sorokin said that the Ministry of Energy of Russian Federation is working out an Energy Strategy until 2040, including taking into account negative scenarios for the development of the oil and gas industry. Later, in October, Energy Minister Nikolai Shulginov said that its operation horizon would be expanded until 2060.