The head of Gazprom Neft assesses the future of the oil and gas industry

The head of Gazprom Neft, Alexander Dyukov, during his speech at the Tyumen Oil and Gas Forum, assessed the future of the industry against the backdrop of the desire of Western countries to reduce greenhouse gas emissions and achieve a carbon-neutral economy in the next 30 years. His words are quoted by RIA Novosti.

According to the businessman, the transition to renewable energy sources is inevitable, and the point of no return, Dyukov believes, has already been passed. At the same time, he noted that this process will take a lot of time, since it depends on many factors, including inertial and technological ones.

Dyukov believes that before the completion of the energy transition, oil and gas companies will have to work simultaneously in two energy paradigms for a long time.

Bloomberg previously expressed the opinion that the reason for the energy crisis in Europe was the chaotic transition to renewable sources to save the planet from global warming. Due to weak winds, European countries were unable to accumulate enough energy, because of which they were forced to purchase fossil fuels at a record high price in order not to be left without electricity.

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