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  Tuesday, January 28, 2020
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To achieve a global level of energy security by 2030, 17 trillion dollars have to be invested in the development of the fuel and energy sector
To achieve a global level of energy security by 2030, 17 trillion dollars have to be invested in the development of the fuel and energy sector, Russia's Minister of Industry and Energy Viktor Khristenko said as he opened an international conference on energy security here on Monday. Khristenko noted that two thirds of the money should be allocated for the production and refining. In his view, in order to achieve such a challenging objective as global energy security, it is necessary to fulfil the following tasks: better predictability on oil markets," the reproduction of oil/gas resources by expanding prospecting, and the expansion of international companies' access to resources of third countries. One of the priority tasks of the global community is to set up a system of global power generation, which would provide energy resources to the whole world at economically justified prices, while keeping the environment clean, Khristenko underlined, calling for active cooperation between states towards this goal.
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