Long-Term Priorities of the Energy Sector Development in the Asian Regions of Russia

Abstract

The paper examines the role of Asian regions of the country (Siberia and Far East) in production and consumption of fuel and energy resources until 2035. Based on the modeling calculations the following conclusions can be drawn: the production of energy in the regions has to increase (compared to 2015) by 14–22% and make up 1700–1825 million tons of conditional fuel; increase rates of energy consumption in Asian regions would outrun the all-Russian by 4–5%, while the region’s share in energy consumption would make up 30%; the Asian regions would remain the main providers of energy – more than 80% (1380–1480 million tons) energy resources procured in the region would be exported out, out of which 840–885 – for foreign export; the European direction would dominate while its share would decrease from 72 to 60%; Asian export can increase 1.7–1.9 times by 2035 and make up 325–360 million tons with its share increasing from 28 to 40

Keywords

• energy resources
• energy sector
• long-term forecast
• scenarios
• production
• consumption
• export
• prices
• Asian regions
• Siberia
• Far East
• Russia
• North-East Asia