IBC International Business Congress e.V.
IBC2021-05-26T15:06:13+02:00

Press release

24th Annual General Meeting of the International Business Congress took place on 17 September 2021. The meeting was held in a hybrid format in two studios: in St. Petersburg and Singapore. The participants of the General meeting had also the opportunity to join the meeting online.

IBC President Dr. Alexey Miller (Gazprom)

In the opening speech Chairman of the Management Committee of Gazprom and IBC President Dr. A. Miller noted that such trends in the global economy as digitalization and climate goals set on the agenda by many companies and countries remain in the focus of the Congress’s attention. Dr. Miller expressed confidence that the global problem to reduce environmental impact can be solved using natural gas. Dr. Miller has also announced the 25th anniversary Annual General Meeting to be held in St. Petersburg next year.

IBC Board Coordinator Mr. Andreas Boeldt (OMV Russia Upstream GmbH)

At the Plenary Session the Coordinator of the IBC Board, Mr. A. Boeldt delivered an IBC Board annual report, presenting an overview of the financial status and a membership base of the Congress. He also announced voting results on agenda of the 44th meeting of the IBC Presidium and the 24th Annual General Meeting held in June this year in written form. After that Chairmen of eight IBC Working Committees delivered their progress reports on the work of their committees executed in 2020-2021.

The focal topic of the international conference was challenges and opportunities of growing energy markets in Asia

The participants of the General meeting took part in the international conference held on the topic: “Challenges and Opportunities of Growing Energy Markets in Asia”.

The conference was moderated by Dr. A. Medvedev (Advisor to Director General of Gazprom Export) in studio in St. Petersburg and Mr. S. Edrenkine (Director General of Gazprom Marketing & Trading Singapore) in studio in Singapore.

Dr. Alexander Medvedev (Gazprom Export) moderated the conference in studio in St. Petersburg

Following speakers presented their reports at the conference: Dr. A. Miller (Chairman of the Management Committee of Gazprom), prof. Dr. K-D. Maubach (Chief Executive Officer, UNIPER SE), Mr. G. Kunihiro (President of Diamond Gas International Pte), Dr. B. Frei (Executive Vice President, Industrial Automation Market, Schneider Electric Industries SAS), Mr. L. Pack Sing (Assistant Chief Executive Officer, Enterprise Singapore) and Mr. D. bin Abdullah (Group Chief Executive Officer, Bintulu Port Holdings Berhad).

Mr. Serguei Edrenkine (Gazprom Marketing and Trading) co-moderated the conference from the studio in Singapore

From 14 September to 16 September eight IBC Working Committees held their meetings in a hybrid format.

This year the AGM was held in a hybrid format for the first time in history of the Congress

Over 500 participants have registered to take part in the 24th Annual General Meeting of the International Business Congress. They have attended the events of the forum in studios in St. Petersburg, Singapore and watched the meetings online.

Statement to the International Conference “Challenges and Opportunities of Growing Energy Markets in Asia” by Dr. Alexey Miller, President of the IBC, Chairman of the Management Committee, Gazprom

Press release

On August 27, 2021 a regular session of the Board of Executive Directors of International Business Congress e.V. was held online.

During the meeting members of the Board have been updated on the preparatory work for the 24th Annual General Meeting, current membership base and financial status of the Congress. The Board also outlined the preliminary plan to hold the 25th jubilee Annual General Meeting in 2022.

As previously decided by the Presiding Committee the 24th Annual General meeting will be held on 17 September 2021 as a hybrid event in two studios: in St. Petersburg at the EXPOFORUM Convention and Exhibition Center and in Singapore at the premises of Gazprom Marketing and Trading Singapore. Both locations will be connected via video conferencing. A limited number of guests will be granted a personal access to the forum.

Prior to the AGM meetings of eight IBC Working Committees will be held on 14-16 September in a hybrid format in St. Petersburg. The updated schedule of the meetings as well PCR test requirements for offline attendees is now available on the IBC website.

The online registration will be closed on 10 September.

Dear IBC members!

We are glad to announce that the second issue of the IBC Newsletter is out. The publication covers the outcomes of the 43rd Presiding Committee meeting, the insight of Gazprom Marketing and Trading Singapore on challenges and opportunities in the Singapore energy market and mid-term evaluation reports of the IBC projects in 2021. To read the online version of the Newsletter please log in in the IBC members area.

In case you have problems to access the members area, please contact the IBC Secretariat: info@ibc-secretariat.org

We wish you a pleasant reading!

Press release

Meeting of the Board of Directors of the IBC

On July 06, 2021 a regular session of the Board of Executive Directors of International Business Congress e.V. was held online.

The Board members were presented with the results of a written vote on the agenda of the 44th meeting of the Presiding Committee and the 24th Annual General Meeting of the IBC. 

According to the official minutes, a quorum was reached, decisions on all issues put to a vote were made and the vote was deemed to have taken place. Voting results will be presented during the Plenary Session of the 24th IBC Annual General Meeting in September 2021.

Board members discussed procedures and a draft program of events of the 24th Annual General Meeting scheduled for a mixed format this fall. The new dates for the events were approved: 

  • 16 September 2021: Meetings of the IBC Working Committees
  • 17 September 2021: 24th IBC Annual General meeting.

Members of the Board have considered the draft budget of IBC for the next year and discussed, among other things, the planned amount of funds to be allocated to finance the IBC social projects in 2022. 

Press release

IBC Working Committee “Modern Technologies and Prospective Oil and Gas Industry Projects” held XIV meeting as a hybrid event

On 24 June 2021 the XIV meeting of the “Modern Technologies and Perspective Oil and Gas Projects” Working Committee of the International Business Congress was held in a hybrid format and dedicated to “Trends and Prospects of the Aerospace Technologies Application in Oil and Gas Industry”.

Chaired by Deputy Chairman of the Management Committee, Gazprom, Dr. Vitaly Markelov the meeting took place in Shchelkovo near Moscow and was hosted by JSC Gazprom Space Systems.

More than 70 participants from 35 countries attended the meeting.

The Deputy Minister of Energy of the Moscow Region Mr. E. Gavrilov, First Deputy Director General for the Development of Orbital Constellation and Prospective Projects, Roscosmos State Corporation Mr. Y. Urlichich and twice Hero of the Soviet Union, General Designer of the rocket and space corporation “Energy”, 56th Soviet cosmonaut, Mr. V. Soloviev warmly greeted the participants of meeting.

During the meeting following distinguished speakers delivered their presentations on related topics: Mr. D. Sevastiyanov, Director General, JSC Gazprom Space Systems (“Use of aerospace technologies for monitoring and control of Gazprom Group facilities”); Mr. M. Nedzvetskiy, Deputy Head of Department of PJSC Gazprom, Director General of Gazprom VNIIGAZ LLC (“Aerospace technologies in the interests of innovative development of PJSC Gazprom”); Mr. P. Korvyakov, First Deputy Director General, JSC Gazprom Space Systems: (“About solving tasks of geotechnical, ice and ecological monitoring of Gazprom Group production infrastructure on the basis of a small universal space platform”); Mr. A. Belevtsev, Chief Digital Officer PJSC Gazprom Neft: (“Application of unmanned aircraft systems in the production chain of Gazprom Neft”); Mr. A. Bakunts, Regional Director of Thales Alenia Space in Russia: (“Space Technologies for Life”); Mr. C. Morucci, Business Development Manager in Oil and Gas, Environment, Land Use, Security, Maritime Navigation, e-Geos: (“Use of radar satellite data to support exploration, operation and decommissioning activities in the oil and gas sector”); Mr. E. Akhadov, Executive Director of Gas Industry Journal: (“About International Young Scientists Awards in the Field of Oil and Gas: A Glance Into the Future”).

As part of the meeting the participants visited the Korolev-based (Moscow region) museum of the Rocket and Space Corporation “Energy” named after S. Korolev.

Please read here the detailed review of the Working Committee Meeting

Press release

On decisions passed by the 44th Presiding Committee meeting of the International Business Congress e.V.

The absentee voting pursuant to the German Law on measures in company, cooperative, association, foundation, and residential property law to combat the effects of the COVID-19 pandemic in lieu of the 44th Presiding Committee meeting has ended on 17 June 2021. The necessary quorum (36 votes) was achieved.

The 44th Presiding Committee meeting approved the decision to recommend the nominated companies for expulsion by the 24th Annual General Meeting, accepted the submitted resignations of the members of the IBC Presiding Committee, elected new Presiding Committee members and due to the resignation of the Chairman of the “Information and Communication” Working Committee elected his successor.

The absentee voting on issues on the agenda of the 24th Annual General meeting will take place from 21 June to 30 June 2021.

Press release

Absentee voting in written form pursuant to the German Law on measures in company, cooperative, association, foundation and residential property law to combat the effects of the COVID 19 pandemic in lieu of the 44th Presiding Committee meeting and
the 24th Annual General meeting of the International Business Congress e.V.

Due to the unstable epidemiological situation the IBC Board of Executive Directors decided to hold an absentee voting in written form on agenda items of the 44th Presiding Committee meeting and the 24th Annual General meeting as well as a questionnaire for IBC members concerning the format of their participation (in person or online) in the Annual General meeting scheduled for September this year.

The following voting schedule has been approved:

from 10 June to 17 June (inclusive) 2021

    Absentee voting on following agenda items of the 44th Presiding Committee meeting:

  • Recommendation for the Annual General Meeting to exclude IBC member-companies from the Congress
  • Changes to the composition of the IBC Presiding Committee
  • Changes to the Chairmanship of the IBC “Information and Communication” Working Committee

from 21 June to 30 June (inclusive) 2021

    Absentee voting on following agenda items of the 24th Annual General meeting:

  • Approval of the certified financial statement for the fiscal year 2020
  • Approval of the activities of IBC bodies for the fiscal year 2020
    • IBC President and IBC Vice President
    • IBC Presiding Committee
    • IBC Board of Executive Directors
  • Election of the new Presiding Committee members
  • Appointment of the auditing company for the fiscal year 2021
  • Expulsion of IBC member-companies from IBC

The ballot papers as well as accompanying documents will be sent to the members of the Presiding Committee and members of the Congress in accordance with the voting schedule.

Detailed information and information materials for the upcoming 24th Annual General Meeting will be additionally posted on the official website of the Congress.

Press release

On May 27, 2021 a regular session of the Board of Executive Directors of International Business Congress e.V. was held online.

In the course of the meeting members of the Board evaluated results of the 43rd Presiding Committee meeting, discussed modalities for preparation of the 24th Annual General meeting, considered current membership and financial status of the Congress.

The Board members recognized successful organization of the 43rd Presiding Committee meeting, held on 23 April 2021 via videoconferencing, commending good work of the IBC Secretariat.

As decided by the Board an absentee voting (in written form) on the procedural matters included in the agendas of the 44th Presiding Committee meeting and the 24th Annual General meeting and a survey on participation format of IBC members in AGM in September will be conducted in June 2021.

This year the IBC offers its members an opportunity to attend the 24th Annual General meeting either in person in one of the designated studios in Germany, Russia or Singapore in compliance with sanitary norms or to join the event via video conferencing.

It was also noted that the next online meeting will be held by Modern Technologies and Perspective Oil and Gas Industry Projects Working Committee on 24 June 2021. (Chairman of the Committee – Dr. V. Markelov, Deputy Chairman of the PJSC Gazprom Management Committee).

Up-to-date information on the schedule of the meetings of IBC Working Committees is available on the IBC website.

Dear IBC members!

We are glad to announce that the new issue of the IBC Newsletter is out. The publication covers main activities of the Congress over the final months of 2020 until spring 2021, including 23rd Annual General Meeting, 42nd Presiding Committee meeting, online meetings of Working Committees and IBC projects. To read the online version of the Newsletter please log in in the membership area.

In case you have problems to access the membership area, please contact the IBC Secretariat: info@ibc-secretariat.org

We wish you a pleasant reading!

43rd Presiding Committee Meeting of the International Business Congress (IBC)

The 43rd Presiding Committee meeting of the International Business Congress was held online on 23 April 2021, chaired by the IBC President Dr. Alexey Miller and the IBC Vice President Dr. Rainer Seele.

The meeting was attended by 38 Presiding Committee members constituting a quorum.

In his welcome address Dr. Miller stressed the fact that “despite today’s restrictions, the IBC continues to fulfill its mission of consolidating the international expert community in the energy sector”.

Dr. Seele highlighted in his speech the significant contribution of the IBC to the development of such important areas as sustainable energy supply, education, health and environmental protection. The objectives can only be achieved through close and trustful cooperation.

The participants summarized the 2020 results, presented reports on the work of the IBC Executive Board and the eight Working Committees of the IBC.

Three central agenda items were put to vote during the meeting. The Presiding Committee members recommended to the General Meeting to endorse changes in the composition of the Presiding Committee. The meeting approved of the prolongation and further funding of the IBC social projects in 2021 and confirmed the arrangements for and the central topic of the 24th Annual General Meeting.

The Presiding Committee decided to hold the 24th Annual General Meeting on 23-24 September 2021 in Singapore as a hybrid event. The central topic of the 24th Annual General Meeting will be the “Challenges and Opportunities of Growing Energy Markets in Asia”.

Elena Burmistrova, Deputy Chairman of the Management Committee at PJSC Gazprom, spoke on the central topic of the forthcoming forum in Singapore. In her keynote speech, she noted that “the transformation of the global energy sector cannot be successful without the countries of the Asian region, because in any foreseeable scenario they will be the main drivers behind the growth of the global demand for energy resources. At the same time, in order to secure reliable energy supplies and to phase out coal and oil products in the energy generation to combat smog, most countries of the region are choosing to count on an eco-friendly, affordable and reliable fuel – natural gas”.

At the end of the meeting the IBC President Dr. Miller invited all members and guests of the 43rd meeting of the Presiding Committee Meeting to participate in the 24th General Meeting of the IBC in September 2021 in Singapore.

Modern Technologies and Prospective Oil and Gas Industry Projects Working Committee discussed gas-chemical technologies for natural gas processing

On April 12, 2021, the XIII meeting of Modern Technologies and Prospective Oil and Gas Industry Projects Working Committee was held online, chaired by V. Markelov, the Deputy Chairman of the Gazprom Management Committee.

A key topic of the meeting was the trends and prospects for the development of gas-chemical technologies for natural gas processing. In this regard, it is no coincidence that the 13th meeting was hosted by SIBUR Holding PJSC, the largest integrated petrochemical company in Russia and one of the most dynamically developing companies in the global petrochemical industry.

In the introductory statement V. Markelov pointed out that the dynamic growth of global demand for natural gas processing products requires the oil and gas complex to continuously develop competencies and technologies in the field of gas chemistry. Nevertheless, the gas processing industry has made a significant progress in recent years.

“Through the company’s efforts the production facilities modernization has been carried out, complex investment projects are being implemented. Today, the gas processing developmental vector is aimed at producing competitive products that meet international quality, safety and environmental standards”, – informed the Head of the Working Group.

The experience of leading companies in implementing gas-chemical projects, modern technologies for improving the efficiency of extraction of target components from natural gas, as well as the main techniques of natural gas utilization in chemical industry were discussed during the meeting.

M. Karisalov, the Chairman of the Board, General Director of SIBUR LLC gave the detailed explanations on the current business model of the company, which is intended to ensure its orderly development up to the level of leading world companies of petrochemical industry “not only and not so much on tons, but due to the labor productivity, standards of sustainable development, systems of development and motivation for personnel”. He also addressed the SIBUR expertise in the establishment of the largest polymer manufacturing plant in the Russian Federation (2 million tons per year) – ZapSibNeftehim.

Currently, the company is implementing the Amur Gas Chemical Complex project in the Amur region, which will become one of the largest producers of base polymers in the world. The future complex is a part of a deep hydrocarbon processing cluster being created in the region and is technologically related to the Amur Gas Processing Plant (GPP) of PJSC Gazprom. The project plays an important role in the 2030 development strategy of the chemical and petrochemical complex in Russia. D. Borisova, the Managing Director (Development and Innovation) of SIBUR LLC talked about its prospects and implementation progress in details.

The experience of Gazprom in the development of hydrocarbon raw materials processing was presented by Yu. Lebedev, the Head of the Department of PJSC Gazprom, General Director of Gazprom Pererabotka Blagoveshchensk LLC. Among other it was noted that the gas processing development trends coincide with general strategic goals of PJSC Gazprom and are intended to ensure profitability of the company investments and GDP growth of Russia.

J. Nowicki, Executive Vice President Linde plc and Chief Executive Officer of Linde Engineering, talked about technological equipment for cryogenic gas separation producing helium and other components for gas petrochemistry, including those supplied to the Amur GPP. I. Afanasyev, Principal Deputy Director General of RusChemAlliance LLC, presented gas processing complex in Ust-Luga.

In addition, the meeting participants discussed hydrogen production technology from methane by applying chemical cycles method, product manufacturing technology from synthesis gas by applying Fischer-Tropsch method, as well as technologies for electricity production from natural gas by applying fuel cells.

Presentations were also made by Dr. A. Nortemann, BASF SE Vice President, who presented OASE® gas purification technologies for natural gas processing, and Z. Yujun, Deputy General Director of PetroChina Oil and Gas Refining and Chemicals Company, who explained utilization process of natural gas for chemical products manufacturing in China.

CNPC is China’s largest producer and supplier of natural gas used as a clean energy source. Natural gas is a source for ammonia, hydrogen, methanol, etc. production. Regarding this, CNPC attracts great attention to technical research in the field of intensive natural gas utilization. Among prospect technologies are methane cracking for hydrogen production, hydrogen production from methane via chemical looping, as well as ethylene production via oxidative methane coupling technique. It was noted that in research on catalysts, which are used for hydrogen and carbon nanomaterials production, the company focused on the direct catalytic decomposition of natural gas. As a consequence, a metal catalyst with a special structure has been developed. It is characterized by high strength and wear-resistance. The total carbon conversion rate of natural gas is over 50%, and 95% of the obtained carbon material consist of multi-walled nanotube material. Z. Yujun also shared his experience of generating electricity from natural gas using fuel cells. As a result of CNPC research, it became possible to produce electricity from natural gas by self-heating of solid oxides and obtain following parameters: the power of a single element reached 8 W, the power of a unit was 89 W, and the power generation efficiency was more than 40%. Z. Yujun noted that natural gas would play an even greater role in the future of energetics, chemical industry and especially for the low-carbon development. It is expected that gas, as a chemical raw material, will also gain a wider industrial application.

Taking into account online format of the meeting, SIBUR Holding PJSC, as a host party, offered a virtual tour for participants around its plant ZapSibNeftekhim located in Tobolsk.

Summarizing meeting results, V. Markelov thanked the participants for the informative presentations and the relevance of the issued raised during the meeting. Taking into account new challenges in gas industry and the achieved level of scientific and technological progress in the field of gas chemistry, it is important to promote new technologies and breakthrough solutions. In this regard, V. Markelov informed the meeting participants about the IV International Young Scientists Awards “Oil and Gas Projects: A Glance into the Future” and asked to provide it with maximum assistance in 2021. This ambitious project was established by International Business Congress and has been carried out since 2018; it is organized by IBC Modern Technologies and Prospective Oil and Gas Industry Projects Working Committee together with “Gas Industry” scientific and technical journal. This competition proved to be an effective platform for promoting initiatives of young scientists offering solutions for oil and gas industry. The winners have an opportunity to do internships at the leading energy companies – members of International Business Congress and gain international experience.

The online meeting was held on the platform of “Neftegaz Territory” mobile application with the technical and organizational support of “Gas Industry” journal.

Considering that 2021 marks the 60th anniversary of the first human space flight, the participants of the meeting agreed to discuss the topic “Trends and prospects of the aerospace technologies application in oil and gas industry” during the next meeting. Therefore, it is planned that the next meeting will be hosted by Gazprom Space Systems JSC.

Press release

IBC Working Committees “Industry, Innovations and Prospective Development” and “Ecology and Healthcare” held a joint meeting

On 19 April 2021 a joint meeting of IBC Working Committees “Industry, Innovations and Prospective Development” and “Ecology and Healthcare” held a joint meeting dedicated to the topic: “Ensuring Energy Security During Energy Transition”.

The meeting was chaired by:

Dr. Oleg Aksyutin, Deputy Chairman of the Management Committee, PJSC Gazprom»;
Chairman of “Industry, Innovations and Prospective Development” Working Committee;

Dr. Nebojša Janković, Head of Comita Group of Companies d.d. for Russia and CIS,
Chairman of “Ecology and Healthcare” Working Committee.

The joint meeting was hosted by Baker Hughes and gathered 80 attendees from 50 companies – members of IBC.
Upon opening remarks distinguished guests delivered their extensive reports:

  1. Mr. Alexander Ishkov, Deputy Head of Department, Head of Directorate, PJSC Gazprom –
    “The role of hydrogen in Energy Transition”
  2. Mrs. Elena Akoltseva, President, Russia and CIS, Baker Hughes –
    “Baker Hughes Energy Transition. The path to net-zero carbon emissions and a sustainable energy future”
  3. Mr. Eric Koenig, Oil & Gas segment Strategy Director, Schneider Electric –
    “Decarbonizing Oil & Gas operations – Yes we can! Example of collaboration of Schneider Electric with McDermott and IO Consulting on NetZero Carbon offshore platforms”
  4. Mr. Dmitry Udalov, Deputy Director, Gazprom Representative Office in Belgium –
    “The EU Green Deal – pragmatic test?”
  5. Mr. Vladimir Primak, Head of Russian Direct Investment Fund –
    “RDIF contribution to battle against coronavirus: international cooperation on Sputnik Vaccine roll-out”
  6. Mr. Elvin Akhadov, Executive Director, Gas Industry Journal –
    “The IV International Young Scientists Awards Oil and Gas Projects: a Glance Into the Future”

The meeting participants got apprized of experience of oil and gas and service companies on activities to ensure reliability of energy supply, apply alternative energy sources as well as health protection and problem-solving competency regarding such activities.

Applications Are Now Open for the IV International Young Scientists Awards in the Field of Oil and Gas: A Glance Into The Future

Eligibility: a researcher / a research team of scientists of up to 35 years of age from any country. Applications from joint research teams of young scientists from different countries are encouraged.

Research Areas/Nomination Categories: Innovative Solutions in Hydrocarbon Exploration, Production, Processing, Transportation and Storage; Liquefied Natural Gas (LNG); IT Solutions and Digitalization; Power Engineering; Decarbonization for the Oil and Gas Industry; Offshore Oil and Gas Projects.

Applications must be prepared in English and submitted through the competition website.
Award decisions will be made by the Jury based on the results of peer review and reviewers’ recommendations.

Awards will include but not limited to: research promotion, internship and mentorship opportunities at leading Russian and foreign oil and gas companies – members of the International Business Congress (IBC); participation in oil and gas forums and conferences; certificates of achievement, prizes and gifts; a publication in and a one year subscription to Gas Industry Journal, etc.

Application Submission: April 5- June 7, 2021
Announcement of Results: August 2021
Awards Ceremony: October 5-8, 2021, as part of the 10th St. Petersburg International Gas Forum (SPIGF-2021).

For more information, please visit the competition website at: www.gifaward.com
If you have any questions, please feel free to contact Alexandra Lazareva, the program manager by phone at +7 495 240-54-57, ext. 124 | +7 (926) 528-31-45 or email info@gifaward.com

The Annual Young Scientists Awards were established by the International Business Congress (IBC) (as part of the Modern Technologies and Prospective Oil and Gas Industry Projects Working Committee) and Gas Industry Journal in 2018.

The International Business Congress (IBC) is an international non-governmental and non-for-profit organization that comprises 112 companies and organizations from 23 countries and promotes cross-border economic cooperation and development. Gas Industry Journal, first published in 1956, is the leading monthly journal of oil & gas science and technology in Russia. The Journal promotes cutting-edge technology, publishes research papers and reviews and provides oil and gas industry outlooks, trends and news.

Press release

The IBC Working Committee “Law, banking and finance” held the online meeting

On 9 April 2021 the IBC Working Committee “Law, banking and finance” held the online meeting on “Methods of overcoming the “perfect storm” in the finances of Gas industry without increasing the company’s consolidated debt”.

The meeting was chaired by:
Dr. F. Sadygov, Deputy Chairman of the Management Committee, PJSC Gazprom, Chairman of the Committee.

Welcoming address on behalf of the host of the meeting was delivered by
Mr. Régis Monfront, Chairman of the Board of Directors Credit Agricole CIB AO, Russia.

The meeting was moderated by:
Mr. Oleg Shaposhnikov, Member of the Management Board, Managing Director, Russian Corporate Coverage, Credit Agricole CIB AO, Russia.

More than 100 attendees from 40 companies took part in the committee meeting.
During the meeting following speakers delivered profound reports:

  • Mr. Denis Shulakov, Gazprombank (Joint Stock Company)
    «How global majors passed through 2020, and themes for 2021 and beyond»
  • Mr. Nicolas Chapin & Mr. Roneil Thadani, Credit Agricole CIB
    «Raising third party funding from the monetization of existing infrastructure assets from the perspective of Banks and Rating Agencies»
  • Mr. Mikhail Frolov & Ms. Elena Asadova, PwC in Russia
    «Risk factors for increasing consolidated debt under IFRS»
  • Mr. Alexey Finikov, PJSC Gazprom
    «The analysis of off-balance sheet exposures and risk allocations in Gazprom limited recourse financings»
  • Mr. Dzavid Salihovic & Mr. Matthias Janssen, UniCredit Bank
    «Raising funding in capital markets with a limited impact on debt ratios – Hybrid, ECM financing instruments»
  • Mr. Stefan Budzinski & Mr. Rudolph Wesseln, SMBC
    «Project finance and Leasing: different funding methods or a joint approach to support clients to navigate in disruptive times?»

Participants of the meeting shared their professional experience and exchanged opinions on most pressing and significant business issues oil and gas companies face today due to current changes taking place in global economy and, particularly, in energy sector.

Apart from that, the meeting attendees discussed various tools to raise debt financing at time of increasing geopolitical risks, analyzed state and prospects of market development for project and lease finance, and considered advantages of perpetual bonds.

Throughout the meeting participants were able to address their questions to speakers via live chat. The answers have been provided by the end of the session.

Results of a survey conducted among the participants of the meeting have been presented upon the completion of the session and found as follows:

  • 98% of respondents
    believe or are inclined to believe that ESG-approach (responsible investment) will become an important factor to attract funding in the current decade;
  • 72% of respondents
    are ready to attend the meeting of the Committee in Singapore in September 2021in case epidemiological situation improves;
  • 95% of respondents
    were satisfied with quality and visibility of the delivered reports;
  • 97% of respondents
    expressed their consent that the knowledge and information shared during the meeting will be applied in work of the companies the respondents represented at the meeting.

Press release

On March 25, 2021 a regular session of the Board of Executive Directors of the International Business Congress e.V. was held online.

The Board members have been apprized on the approved IBC annual financial report 2020. The members of the Board considered the current membership developments, activities of the Congress in 2021: the Presiding Committee Meeting and the Annual General Meeting including a procedure for organizing video conferencing and informational support of the IBC events. The Executive Board noted the stable state of the IBC membership base.

The members of the Board considered and approved the ongoing process of preparations for the 43rd Presiding Committee meeting to be held on 23 April 2021 via videoconferencing.

The members of the Board agreed on decision to call for the 24th Annual General Meeting in September in Singapore in a form of a hybrid event, offering an opportunity for IBC members to participate either offline or online. The final decision is to be voted on by the Presiding Committee members in April 2021.

It was also noted that meetings of the IBC Working Committees will take place between 12 March and 15 April 2021 via video conferencing. The schedule of the meetings is available on the IBC website.

Press release

IBC Working Committee «Human Resources» held the online meeting

The online meeting of the IBC Working Committee «Human Resources»on the topic «Personnel planning. The continuity of generations» was held оn March 26, 2021.

The online meeting was chaired by:

  • Mrs. Elena Kasyan, Head of Department, Gazprom, Chairlady of IBC HR Committee;
  • Mrs. Petra Angstmann, Senior Vice President HR, Wintershall Dea GmbH, Co-chairlady of the IBC HR Committee;
  • Mr. Marcel Kramer, President, Energy Delta Institute, Co-chairman of the IBC HR Committee

Mrs. Olga Semidelikhina, representative of the host company, Head of international cooperation, Uniper SE, moderated the online meeting.

The Committee meeting was attended by 75 participants representing 40 companies.

Mr. Uwe Fip, member of the IBC Board of Directors, Chairman of IBC Energy Committee, Senior Vice President, Gas Supply & Origination at Uniper SE, made a welcoming speech on behalf of the IBC Board of Directors.

During the meeting presentations were made by:

  1. Mr. Arne Tretau, Head of HR Business Partner CCO, Head of HR Europe, Uniper SE.
    Topic of the report: «Personnel planning and promotion of young talent at Uniper SE».
  2. Mrs. Petra Angstmann, Vice President Human Resources Oil & Gas, Wintershall Dea GmbH.
    Topic of the report: «Strategic Workforce Planning at Wintershall Dea GmbH».
  3. Mr. Pierre Bartholomeus, HR Director, N.V. Nederlandse Gasunie.
    Topic of the report: «Strategic personnel planning at N.V. Nederlandse Gasunie».
  4. Mrs. Olga Gracheva, Partner, Ernst & Young (CIS) B.V.
    Topic of the report: «Five generations in the labor market: new challenges and solutions».

The participants of the meeting shared the experience of oil and gas companies in the field of personnel planning, discussed key trends in personnel planning in the era of energy transition, the development of digital technologies in the context of the COVID-19 pandemic. Рarticipants also noted the importance of strategic personnel planning, on the basis of which the work of HR services should be built in the following areas:

  • training and formation of a reserve of personnel at different levels and areas of activity;
  • development of the system of accumulation and transfer of knowledge within the company, taking into account the characteristics of different generations of employees who make up the company’s teams.

During the meeting, a report on the implementation of the HR Committee project «Youth Day» in 2020 and plans for its implementation in 2021 was presented by Mrs. Yana Klementovichus, Director St Petersburg State University of Economics, Higher Economic School. The report noted the great contribution and the expert support to the project by the IBC members: PJSC «Gazprom», Uniper SE, Wintershall Dea GmbH, Shell, OMV AG, N.V. Nederlandse Gasunie, Energy Delta Institute, etc.

Press release

On March 12, 2021 the IBC working committee “Business Security” held an online meeting dedicated to the topic: “Key Issues of Ensuring the Safety of Personnel and Assets of IBC Member Companies in Times of COVID-19 Crisis.”

The meeting was chaired by Dr. Sergey Khomyakov, Deputy Chairman of the Management Committee, PJSC Gazprom and was attended by 32 representatives from 16 companies.

During the meeting, the following speakers addressed the topic:

  • Mr. Duncan Manning, Vice president corporate security, Royal Dutch Shell
    “Safety and Security of Personnel and Assets in Times of COVID-19 Outbreak”
  • Mr. Andrey Ivanov, Cybersecurity expert, Schneider Electric JSC
    “Several Aspects on Distant Access to Company’s Data in New Reality”
  • Ms. Elena Kovalevskaya, Senior manager, Ernst & Young
    “Tax and migration compliance for mobility programs;
  • Mr. Konstantin Slanov, Development director, Energy Consulting
    “IT tools to support business processes in the period of distant working”

During the discussion the participants shared their professional experience and examples of how they overcame the challenges caused by the pandemic. They also addressed a wide range of issues related to the development and implementation of measures to ensure safety of property, personnel and enterprises.

The online meeting was wrapped up with a traditional general discussion of the most pressing issues of the Committee’s work.

Press release

On January 28, 2021, a session of the Board of Executive Directors of the International Business Congress e.V. was held online. The members of the Board considered the issues of the IBC working bodies (the IBC Board, the Presiding Committee, the General Meeting and Working Committees) activities, financial situation, the current state of the IBC membership base and the procedure for IBC projects implementation in 2021.

It was noted that in 2021, in accordance with the Federal Law of the Federal Republic of Germany (Decree on the Extension of Legal Measures Concerning Companies, Cooperatives, Associations and Foundations to Combat the Effects of the COVID-19 Pandemic, 28.10.2020) the IBC is allowed to make further decisions concerning main activity matters of the Congress, as well as to hold meetings of its working bodies online, in a hybrid or a remote format. It is recommended to organize the IBC events of the first half of the year 2021 in online format.

The Executive Board noted the stable state of the IBC membership base.

The proposals submitted by the IBC Working Committees to pursue the IBC Working projects in 2021 have been also considered by the Board. Taking into account successful project implementation results achieved in 2020, the Board decided to recommend the IBC Presiding Committee to approve the financial support from the IBC budget in 2021 of the following projects:

“Leo Tolstoy European School in Berlin”
(Ecology and Healthcare Working Committee)

“Scholarship program”
(Law, Banking and Finance Working Committee)

“Medsupport”
(Ecology and Healthcare Working Committee)

“Youth Day – Energy Challenge”
(Human Resources Working Committee)

“Oil and Gas Projects: A Glance into the Future”
(Modern Technologies and Perspective Oil and Gas Industry Projects Working Committee).

Press release

IBC “Energy” Working Committee wraps up a successful year-end online meeting, sets up goals for next year

The first online meeting of the Energy Working Committee was held on December 2, 2020 and was dedicated to the topic: “Decarbonization of Natural Gas and Hydrogen economy in Germany and Europe?”. The meeting was attended by 60 virtual guests from more than 10 countries of the world, including Germany, Russia, the Netherlands, Norway and Japan.

The online conference was opened and successfully moderated by the Chairman of the Energy Working Committee, Senior Vice President of Uniper Global Commodities SE, Mr. Uwe Fip.

The profound presentations related to the topic of decarbonization and hydrogen have been delivered by following six distinguished speakers:

  • David Burns, Vice President Global Clean Hydrogen, Linde AG
  • Christian Stuckmanm, Vice President Hydrogen, Uniper Hydrogen GmbH
  • Konstantin Romanov, Head of Division Ecology, PJSC Gazprom
  • Bjørn-Andreas Hugaas, Vice President, Eurasia Oil&Gas – Norway, DNVGL
  • Renė Schutte, Program Manager Hydrogen, Gasunie
  • Mikhail Korobitsyn, Technical Lead, Shell Russia

Attendees had a chance to learn from the invited speakers about different colors of hydrogen and what is Linde AG as a technology leader providing today; Uniper`s activities in the hydrogen business since 2013 and how the company sees the role of hydrogen in 2030; a Gazprom view on a large-scale production of low carbon hydrogen from natural gas; latest facts on challenges for transportation of hydrogen gas in existing carbon steel pipelines; different projects introduced in the Netherlands, a front runner in the European H2-business, to start the hydrogen economy as well as the information input from the Shell representative on how and in what way hydrogen will affect energy companies.

Mr. Fip summarized the meeting by stating that collaboration is a key to hydrogen success – an idea all six speakers addressed during their presentations. “The collaboration is crucial not only among us, but also with industry, government, customers and infrastructure providers”, concluded Mr. Fip.

By the end of the online session the online attendees have been invited to participate in the next meeting of the Energy Working Committee scheduled for the next spring. It was also announced that hydrogen will remain a trendy topic for the next coming years just as other usual topics: infrastructure and national gas markets.

Welcome address of A.B. Miller,
President of the International Business Congress,
to the 23rd IBC General Meeting

Dear Members of the International Business Congress,

The year 2020 has become a serious test of strength for companies and organizations around the world. It has also brought substantial changes to our lives and work.
This year, for the first time ever, we voted by written consent on the procedural issues of the Annual General Meeting of the International Business Congress. The necessary quorum for this was obtained. The IBC members endorsed the results of our work in 2019 and passed resolutions on the key issues for the coming year.
I thank the members of the IBC for their participation in the votes and for the honour and trust they have placed in me to be elected as the IBC President for another two-year term.

Dear colleagues!
Today, the international community’s attention is focused on low-carbon energy. The foundation for the future energy model is being laid. This opens up excellent opportunities for using natural gas. The most effective way to low-carbon energy in the near term is the use natural gas instead of coal and oil fuels. In the long term, it is the production of hydrogen from methane without CO2 emissions.
Discussing possible ways of developing the energy sector at the IBC conference “Natural Gas – Paving the Way to an Ecological Economy” in Bonn, CEOs of the world’s leading energy companies unanimously emphasized the important role of natural gas in the energy mix for the coming decades.

Dear colleagues!
Transforming the gas market, implementing innovations, developing new products and sectors of the energy business, attracting highly skilled experts and promising students to the oil and gas industry are among the main issues on the agenda of our meetings. We shall continue to work in these and other areas within the framework of the IBC working committees and projects.
This year we were unable to hold our traditional face-to-face meetings. At the same time, I would like to thank the chairpersons of the “Information and Communication” and “Human Resources” working committees for organizing online sessions for the members of the IBC.
In conclusion, let me wish you all good health, lots of energy and successful work.

Chairman of the Management Committee of PJSC Gazprom,
President of the International Business Congress

A.B. Miller

Absentee voting results in the frames of the 42nd Presiding Committee Meeting

The absentee voting of the IBC Presiding Committee members on issues on the agenda of the 42nd Presiding Committee meeting ended on 15 September 2020. The necessary quorum was achieved in accordance with Act to Mitigate the Consequences of the COVID-19 Pandemic.

The 42nd Presiding Committee meeting approved the nominated members of the IBC Board of Executive Directors for a term of two years (2020-2022), approved the IBC Budget for the fiscal year 2021and agreed on decision to propose changes to the IBC membership as item for the agenda of the 23rd Annual General meeting.

Members of the IBC Board of Executive Directors approved by the 42nd Presiding Committee meeting are as follows:

Dr. Alexander Medvedev, Gazprom Export LLC | Chairman of the IBC Board of Directors
Mr. Andreas Boeldt, OMV Russia Upstream | IBC Board Co-ordinator
Mr. Erik Koebe, Credit Agricole CIB AO | IBC Treasurer
Dr. Sergey Balashov, PJSC Gazprom
Mr. Uwe H. Fip, Uniper Global Commodities SE
Mrs. Margarita Hoffmann, Wintershall Dea GmbH
Dr. Dmitry Kurochkin, Chamber of Commerce and Industry of the Russian Federation

The absentee voting on issues on agenda of the 23rd Annual General meeting will take place from 21 September to 5 October 2020.

Online meeting of the IBC committee “Information and Communication”

«O&G digitalization within new reality: conceptions, drivers, barriers and points of
economic growth»

On July 8, 2020 the IBC Committee «Information and Communication» held an on-line meeting for the first time in history since the congress was founded. The meeting chaired by the member of the Executive Committee, Schneider Electric Mr. Leonid Mukhamedov was dedicated to the topic: «O&G digitalization within new reality: conceptions, drivers, barriers and points of economic growth» and supported by SAP CIS. The on-line meeting was moderated by the “Russia 24” economic news anchor, Ms. Aleksandra Suvorova as a roundtable discussion.

Main stages on the way towards digital transformation of oil and gas enterprises have been discussed during the meeting. Industry representatives and experts shared a large number of practical examples, their plans for digitalization and the achieved results. In an open discussion, the roundtable participants were able to look at the problem of digitalization from various points of view.

The round table was attended by Director General of Gazprom Telecom LLC Nikolai Mezhuev, Director General of Gazprom Inform LLC Sergey Kaunev, Vice President of the Chamber of Commerce and Industry of the Russian Federation (CCI), member of the IBC Board of Directors Dmitry Kurochkin, Vice President of Schneider Electric, “Process Automation” Boris Muratov, Deputy Chairman of the Committee on Energy Strategy and Fuel and Energy Complex Development of the CCI of Russia, President of the Union of Oil and Gas Producers of Russia Genadiy Shmal, member of the Committee, Executive Director of intersectoral ThinkThank of Russian Union of Oil Producers, Anatoly Zamryi, Director of EY Business Consulting Department Denis Burak, Head of the Center for Expertise at SAP Denis Savkin, independent expert in the oil and gas industry Vyacheslav Mishchenko.

A pulse survey on the current situation in industry related to the pandemic, as well as on future topics for the committee meetings has been conducted during the roundtable. The survey results have been processed almost instantly and presented to the participants by the SAP expert by the end of the meeting. The survey showed that key digitalization technologies (practical examples of their application in various industries) as well as world practice in digital transformation (analysis of foreign and Russian experience) have been preferred among other suggested topics for future committee meetings by the participants.

In the final part of the meeting, an art historian Ms. Victoria Anisimova gave an on-line tour: “Impressionists: Paris through the eyes of innovative artists” as a symbol that even when the physical borders are closed, the meeting participants were still able to virtually visit the capital of France.

A video recording of the online working committee meeting can be viewed here.
Please contact the IBC Secretariat info@ibc-secretariat.org in order to receive your login data.

Dear Members of the International Business Congress!

Given the current spread of coronavirus, we have recently found ourselves faced with an unprecedented decision in the history of our Congress: to cancel all public events within our organisation in the first half of 2020, including our key forum – the IBC Annual General Meeting.

It has now been moved to the second part of the year, just like all the committee meetings. The number one priority for our member companies is the health and wellbeing of their staff and ensuring secure, uninterrupted operation of their respective businesses.

Notwithstanding all that, the working projects of IBC are still being implemented, and IBC Board and Secretariat are constantly monitoring the current situation, staying in close contact with the management and member companies of our Congress. You will be getting an update on the new date of our General Meeting, in the second part of 2020, in due course.

I would like to take this opportunity to sincerely wish you all good health, success in your business and all the very best.

Yours sincerely,

Alexey Miller

Chairman of the Management Committee, PJSC Gazprom
IBC President

41st IBC Presiding Committee Meeting

The forty first ordinary Presiding Committee Meeting of the International Business Congress e.V. took place on 6th of December 2019 in the Belmond Grand Hotel Europe in St. Petersburg, Russia.

Entrusted by the IBC President the Presiding committee member, Chairman of the Business Security working committee and the Deputy Chairman of the Gazprom management committee, Dr. Sergey Khomyakov took over the chair and proceed with moderation of the meeting.

This year the meeting was attended by guest of honor, his Excellency, the Ambassador of Singapore to the Russian Federation, Mr. Premjith Sadasivan. The Ambassador welcomed the IBC Presiding Committee members and guests of the meeting and expressed his sincere joy on the occasion of choosing Singapore as a venue to hold the next 23rd Annual General Meeting. In his speech, his Excellency assured the readiness of the Singapore government to support the IBC members to get acquainted with major Singapore energy companies in the frames of the upcoming Annual General meeting. In turn, Dr. Khomyakov on behalf of the International Business Congress e.V. invited all interested Singapore companies to join the IBC.

Upon the welcome address of the Ambassador the meeting was proceed according to the agenda focused on following topics: the changes in the IBC Board and in the Presiding Committee membership as well as progress reports of the IBC Board and the IBC Working Committees. The Presiding Committee members confirmed the venue of the next Annual General Meeting and approved the IBC budget for the next year.

In his report the IBC Board Coordinator, Mr. Boeldt assessed the organization of the 22nd Annual General meeting held in Bonn, Germany on 30-31st of May 2019. On behalf of the entire IBC Board Mr. Boeldt thanked all involved parties for their dedicated work and effort to held all events and meetings in the frames of the AGM on such high level. A special gratitude was paid to the hosting companies: Linde, Wintershall Dea and Uniper.

The International Business Congress apart from its main activity is also engaged in social projects by supporting such in Russia and abroad. In 2019 the IBC supported the European Leo Tolstoy School in Berlin, the Scholarship program for St. Petersburg State Economic University and the MedSupport program, aimed at partial or full rehabilitation of children with cerebral palsy at the Child Rehabilitation Center in St. Petersburg. The IBC has also supported the new project “Oil and Gas Industry Projects: A Glance into the Future”, aimed to create conditions to promote scientific research in developing innovative technologies of production, storage, processing and transportation of energy resources. The “Youth Day – Energy of the Future” project was implemented with the involvement of experts and financially supported by member companies of the IBC.

The IBC Board Coordinator has also underlined the solid membership base of the IBC. The congress unites 125 members from 24 countries of the world, among which 45 are sponsoring senior members, 55 senior members and 25 ordinary members.

The report was concluded by the announcement that the next AGM will take place on May 21-22nd in Singapore and will be dedicated to the topic: “Challenges and Opportunities of Growing Energy Markets in Asia”. The event will be hosted by the IBC member-companies: Royal Dutch Shell, Gazprom Marketing and Trading and Sakhalin Energy. More companies are welcome to join the sponsoring side.

Upon the retirement notifications of several Presiding Committee members: Mr. Kuzovenkov (Baker Hughes), Mr. van der Linde (Royal Boskalis Westminster), Mr. Panasenko (International Academy of Technological Sciences) new candidacies have been introduced. The new representatives are: Mrs. Akoltseva (Baker Hughes), Mr. Dieteren (Royal Boskalis Westminster) and Mr. Sayfullin (International Academy of Technological Sciences). The voting procedure will take place during the next Presiding Committee meeting in the frames of the 23rd AGM in Singapore.

In the course of the meeting Chairpersons of the IBC Working Committees have presented their profound reports on the executed work during the year.

The Energy committee held three meetings in 2019 and focused on most pressing topics in energy sector. The spring meeting took place in April in Munich, Germany and was hosted by Linde. The central topic was: “Potential role of hydrogen in the natural gas industry”. The session in Bonn, which was held within the framework of the 22nd AGM, was focused on the following topic: “LNG and Hydrogen – Paving the Way into an Ecological Future”. During the autumn meeting in Dusseldorf, Germany the experts worked on the topic: “Paradigm Shift of Gas Industry in the Light of Political Climate Discussions”. Finally, the Chairman Mr. Fip announced the date and venue for the upcoming Energy committee meeting which will be held on 6 March 2020 in Tokyo, Japan and cordially invited all Presiding Committee members to attend the event.

The Modern Technologies and Prospective Oil and Gas Industry Projects committee has shown its active engagement while organizing five meetings in cooperation with such holdings like Siemens, Kamaz and Yokogawa. The first session was held in January in Duisburg, Germany and was kindly hosted by Siemens. The participants considered the topic “Modern Trends in Large Scale LNG Production Technologies.” The second meeting took place in April in Naberezhniye Chelniy, Russia on the kind invitation of Kamaz and focused on: “Natural Gas as the Motor Fuel of the Future: Trends and Perspectives”. In the course of the 22nd Annual General Meeting in Bonn, members and experts discussed the following topic: “Current Trends in the Development of Technologies for Field Development and Processing of Hydrocarbon Raw Materials”. The fourth meeting took place in Tokyo, Japan at the invitation of Yokogawa. The meeting focused on “Efficient High-Tech Solutions for the Oil and Gas Industry during Global Digitalization of Economy”. The committee has also established a new project for young scientists: “Oil and Gas Industry Projects: A Glance into the Future”. The best participants received a special award during the St. Petersburg International Gas Forum. Dr. Markelov reported on the successful implementation of this project and asked the IBC Board members and the members of the Presiding committee to support the MTPP Working Committee’s request to provide financial support for the implementation of the project in 2020.

During the reporting period the Law, Banking and Finance Working Committee held three sessions. The first one was held in March in St. Moritz, Switzerland at the invitation of Nord Stream 2. The focal topic was “Brexit- Agreements between the UK and the European Union and their Effect on Cross-Border Financial and Trade Transactions”. The second meeting was held in Lecce, Italy at the invitation of UniCredit Bank. The topic of the meeting was “Current Trends and Modern Technologies in Cash Flow and Financial Risk Management”. Dr. Sadygov also reported about the third session of the committee: “Financial Technologies of the Future: Digital Transformation and Artificial Intelligence”. It was held in October in Lyon, France at the invitation of Credit Agricole. In conclusion, the Chairman reported on successful implementation of the “Scholarship program” which is executed in the frames of the St. Petersburg State Economic University.

The first meeting of the Ecology and Healthcare committee was held in Thessaloniki, Greece at the invitation of Comita and Frecom companies, which was dedicated to “Natural Gas as a Factor of Sustainable Development. Health & Wellbeing”. The second meeting was held in the framework of the 22nd Annual General Meeting in Bonn, and was dedicated to the same topic as the main conference: “Natural Gas – Paving the Way to an Ecological Economy”. The autumn meeting was organised in Bordeaux, France together with the INIDEP working committee. It was focused on “New Technologies in Gas Industry as a Basis of Energy and Environmental Security”. Dr. Jankovic also informed the audience about the ongoing projects of the committee: the Leo Tolstoy School in Berlin and the “MedSupport” project. It was decided to continue financing the projects in the coming year.

Dr. Aksyutin reported that the Industry, Innovations and Prospective Development committee held three meetings, two of which were joint meetings held together with the colleagues from the INFOC and ECOH working committees. In April 2019 the committee held a meeting dedicated to the topic: “Technical, Logistical and Ecological Aspects of Intensive Construction of Energy Facilities within the Time Limit. The Application of Modern Innovative Management for such Projects.” The meeting during the AGM in May in Bonn was held jointly with the Information and Communication Working committee and was dedicated to “Digital Technologies for Sustainable Development of Oil and Gas Industry”. Another joint meeting with the ECOH Working Committee was held in November in Bordeaux, France. The key subject was “New Technologies as a Basis of Energy and Environmental Security”.

In his statement, Mr. Mukhamedov, the Chairman of the Information and Communication committee underlined the need for innovative technological solutions which fit into a new concept of world vision that predicts the imminent fulfillment of the fourth industrial revolution.
The oil and gas industry, which is considered to be one of the most conservative for obvious reasons, cannot fail to notice the ongoing technological changes seeks to use the full potential of new technologies that open unprecedented horizons in the field of information processing and storage. For this reason, the committee held a joint meeting with the Committee on Industry, Innovation and Prospective Development in Bonn. The committee experts discussed the status and current results of the introduction of digital technologies in the oil and gas industry. Mr. Mukhamedov announced the plan for the upcoming meeting to be held in February 2020. It will be focused on “ Cloud and Edge Computing for the Development of Oil and Gas Industries: Pros and Cons”. Furthermore, it is planned to organize a joint meeting with the Human Resources Committee in March 2020 in Paris, France. The focal topic will be “Digital Technologies for Human Resources Management – a Fashionable Trend or a Required Need?”

Dr. Kasyan spoke about milestones in the work of the Human Resources committee in 2019.The first session was held in February in St. Petersburg, Russia. The participants discussed “Cross-Cultural Issues in HR”. The second HR committee meeting took place in Bonn, Germany within the framework of the 22nd Annual General Meeting. Its topic was “HR Management in the Age of Digital Transformation”.
The third meeting took place in October in the Hague, the Netherlands at the invitation of eVision Industry Software. It was dedicated to “HR Management in Joint International Projects”. Dr. Kasyan also informed about successful implementation of the project “Youth Day – Energy Challenge”. Dr. Kasyan informed those present that the HR committee forwarded a request to the IBC Board to consider the possibility of financial support of the project in 2020.

The Business Security committee, chaired by Dr. Khomyakov had held three sessions during the year. The first one was held in March in Paris, France at the invitation of SAP CIS. The experts discussed “Corporate Security in the Era of Digital Innovations”. The second meeting was held in Bonn in the frames of the 22nd AGM in Bonn. It was focused on “Integrated Security Issues”. The third meeting was held in November in Vienna, Austria and was dedicated to the issues of “Conventional Functions of Security in Supporting Crisis Management: Transition to Business Continuity Planning”. The participants visited the OMV refinery located in a suburb of Vienna, which is one of the largest refineries in Europe.

The Presiding committee meeting was wrapped up by the presentation given by Mrs. Elena Burmistrova, Deputy Chairlady of PJSC Gazprom on the focal topic of the 23rd AGM: “Challenges and Opportunities of Growing Energy markets in Asia”.

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