Outstanding quotes from EEF 2022: Forum participants on energy and climate

Igor Sechin, Chief Executive Officer of Rosneft Oil Company, presented the keynote speech «The Flood on the Energy Market. The Second Abduction of Europa» at the Special Session of the 15th Verona Eurasian Economic Forum.

The call of economic growth and economic development requires diversification of different types of fuel used in car industry, marine and railway transportations. By the volume of stocks, maturity of technology, influence on ecology, self-cost for final customers gas fuel has a lot of advantages in front of hydrogen fuel and electrical engines and gas fuels can be most demanded fuel for the nearest decade. Low cost can be the basis for economic growth compensating growing cost of petrol and diesel fuel. Additional positive effect is safety for ecology. Major problems the industry of gas fuel encounters are in poor infrastructure, insufficient legislation and high cost of gas engines. Future development of gas fuel industry is only possible with state-based subsidiaries with priority to development of infrastructure.

The Industrial Development Report 2018 was prepared by UNIDO and presented at the 17th Session of the UNIDO General Conference. The report studies demand as a driver for industrial growth and suggests policy tools focusing specifically on demand that can help attain inclusive and sustainable industrial development.

Every year, PwC conducts a large-scale survey of the CEOs of leading companies worldwide for deep and comprehensive understanding of key challenges facing global business leaders. In the 21st survey, PwC explored CEO views on trust and tenure; how public confidence in business has fallen along with trust in other major institutions of society. This year, 1,293 company executives from 85 countries took part in the survey. The results were presented at the World Economic Forum in Davos (WEF).