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June 26, 2022

Ploiesti hosts Aspen Energy Summit

Ploiesti will host today the Energy International Forum – a premiere for Prahova County. The event is organized at the initiative of the Aspen Romania Institute, in partnership with Ploiesti Municipality, Prahova County Council, Ploiesti Gas and Oil University and Prahova Chamber of Commerce and Industry.

The Aspen Institute organizes today, September 27, 2017, in Ploiesti, an anniversary edition of Aspen Energy Summit, on the occasion of celebrating 160 years since the first modern refinery in the world was established in the county seat of the Prahova County. The Multifunctional Business Center Lumina Verde from Ploiesti will be the host of the Aspen Energy Summit.

The idea to organize this international event in Prahova belonged to the former Minister of Foreign Affairs  Mircea Geoana, who is now leading the Aspen Romania Institute. Being present early in May, this year, to Ploiesti, on the occasion of an event organized at the Prahova Chamber of Commerce and Industry, which was dedicated to the companies operating in the oil and energy field, he announced that in this autumn, in September, Ploiesti will host the Energy International Forum which was organized in Bucharest in the recent years. Being annually organized by the Aspen Romania Institute, this event will provide the opportunity to debate and make important decisions for the regional business environment and for the political decision makers in the energy field in the region of the Black Sea – Caspian Sea. “This year, Aspen institute has decided that Ploiesti will be the host of the event, in order to put it again on the global energy map. Ploiesti has an old tradition in exploiting and processing oil. The year of 2017 marks 160 years since the first refinery in the world has been established, in Prahova County” the organizers announced. It was mentioned that the special guest of this edition of the forum will be Maroš Šefčovič, Vice President of the European Commission, responsible for the Energy Union; there will also be invited representatives of foreign governments as well as of the Romanian Government, experts in the energy field, and leaders of private companies.

Besides, taking into account the prestigious guests that are expected, the topics that will be debated at this event will also be extremely interesting. Thus “Developing a competitive market of energy in Romania and interconnecting it with the regional and European energy market”, or “A new paradigm – security, interconnectivity and feasibility” are two of the themes. “As the project called Romania Gateway looked like, being conducted by the Aspen Institute and McKinsey, in partnership with the Romanian Government, Romania could become a regional hub connecting East and West, in which successful infrastructures and investment projects could be developed in order to capitalize the geographic and economic benefits of the country. The extraction of natural gas from the Black Sea and the extension of the infrastructure through the BRUA project could be a way to improve Romania’s energy security and to enhance its regional role” the organizers motivated the approach of the first above mentioned theme, in the context in which the following guests are expected to the debates on this topic: the Economy Minister Gheorghe Simon, the ANRE President Niculae Havrilet, the General manager of Transgaz Ion Sterian, the President of Transelectrica Georgeta Corina Popescu, and the General Manager of CONPET S.A. As for the second topic to be debated, it was mentioned: “We will explore the options to expand the regional and transregional infrastructure and to develop the interconnectivity, assessing at the same time both their feasibility and their economic, political and social impact. Despite the availability of significant reserves of natural gas and oil in areas such as Caucasus, Central Asia, Middle East and Mediterranean Sea, and despite the potential of the exports in the Black Sea, the interconnections allowing the export to the European countries are behind. A competitive energy market, as well as intelligent, integrated and digitalized networks, lead to the emergence of the “prosumers” and to a significant impact on the economic and sustainability pattern”.

The debates on this topic will be attended by the Foreign Minister Teodor Melescanu, by the Moldovan Minister of Economy and Infrastructure, Gheorghe Calmic, by the Georgian Energy Minister Ilia Eloshvili, by Carla Elena Snyder – the Energy Diplomacy Officer for Western Europe, Resource Office for Energy, US State Department, by Mehmet Öğütçü – the Chairman of Global Resources Partnership, founder of Bosphorus Energy Club, and by Arnold Dupuy – Virginia Polytechnic Institute.

The following topics will also be debated at this meeting: “Tradition and Innovation in the Romanian Energy Field” and “The Future of Energy”.

Not at last, the U.S. Ambassador in Romania, Hans Klemm, will hold a speech.

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