The document includes meeting domestic energy demands and increased exports among the priorities.
Gas distribution system coverage in the Russian regions is expected to expand from 68.6 percent to 74.7 percent by 2024 and will reach 82.9 percent by 2035. The numbers are included in the Energy Strategy of the Russian Federation to 2035, approved by Prime Minister Mikhail Mishustin.
Also, the strategy forecasts 5-9 percent growth in fuel production by 2024 (over 2018), an increase in fuel and energy exports of 9 to 15 percent, and increases in investment in the industry by 1.35–1.4 times.
The document sets strategic goals in the fuel and energy complex that will contribute to the socioeconomic development of Russia and the strengthening and maintaining of the industry’s positions in world energy markets.
The priorities include meeting domestic demand for energy, developing exports, upgrading infrastructure and improving its accessibility, achieving technological independence, digital conversion, and ensuring energy security.
The strategy focuses on expanding the gas transport infrastructure in eastern Siberia and the Far East, building up liquefied natural gas facilities, and ensuring the resilience of the energy system. Also, emphasis is placed on reducing the fuel and energy complex’s impact on the environment.
The provisions in the documents will be set out in more detail in the implementation schedule and in the master plans for the branches of the fuel and energy complex.