6 December 2017
Energy security from east to west
Oleg Budargin, Vice Chairman of the World Energy Council and former CEO of Rosseti, the biggest energy networks operator in Russia, tells World Energy Focus why it is important for countries to work together in the field of energy integration
Why, in your opinion, is regional integration of energy networks important? Today, global technological changes are happening rapidly. Twenty years ago, it was difficult to imagine how soon the financial sector, communication technologies, transport and logistic services would be integrated, and today, thanks to the development of the internet, it is not just a reality, but in some ways yesterday already. We are moving into a new technological cycle: the digital economy. A reliable, effective and accessible electrical power supply is a strategic priority for any modern economy. Electrification has become the basis of industrial growth for most countries, including Russia. And today, I see a
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
