More than 6,000 guests from over 70 countries are expected to attend the forum, with energy industry leaders coming from Austria, the United Kingdom, Germany, China, Libya, Saudi Arabia, the United States, and France, among others.
The main challenges faced by the energy sector will be discussed by such high-profile speakers as Russian Energy Minister Alexander Novak, Qatar Energy Minister Mohammed Sada, Bahraini Oil Minister Mohamed Khalifa, and Hungarian Foreign Minister Peter Szijjarto over the course of four days. Szijjarto plans to hold a bilateral meeting with Novak to come to an agreement on the purchase volume of the Russian gas in 2020 under the long-term contract.
In the framework of the REW, the OPEC chief will present the latest OPEC report – the World Oil Outlook (WOO) 2018 – which provides a detailed analysis of various factors affecting the global oil market with a medium- and long-term outlook until 2040.
The Russian Energy Week was first held in 2017 and serves as a platform for demonstrating the prospects of Russia's fuel and energy industry and exploring the potential of international cooperation in the field.