09:44 07.06.2016

Albert II Prince of Monaco and Burisma held the first International Forum on Energy Security in Europe

5 min read

Burisma Group, which owns assets in Ukraine, Italy, Kazakhstan and His Serene Highness Prince of Monaco Albert II (Prince Albert II of Monaco Foundation) co-organized thelargest forum on energy security in Europe – Energy Security for the Future: New sources, Responsibility, Sustainability. The event took place on June 2 in Monte Carlo (Monaco) and became the most ambitious European project on energy security issues and alternative energy sources promotion. The forum was attended by more than 200 guests, including European politicians, owners of Europe's largest energy companies, energy experts and journalists.

The event was inaugurated by His Serene Highness the Prince of Monaco, Albert II. In his speech he emphasized the importance of the alternative energy sources development and called theForum’s topic “crucial” for the secure future of modern European states. "Energy security planning has to be done in a long-term perspective. We should pay more attention to the renewable energy sources that would enable getting cheap energy without polluting the environment, "- admitted the Prince of Monaco Albert II.

Among the speakers of the Forum there were such respectable European politicians as Aleksander Kwaśniewski (President of Poland 1995-2005), Joschka Fischer (Vice-Chancellor of Germany 1998-2005), Andris Piebalgs (EU Commissioner for Energy, 2004 and 2009), TJ Glautier (US Vice-Secretary of Energy 1999-2001, President of TJG Energy Associates),Hunter Biden (Independent director of Burisma), Ireneusz Bil(Director of Amicus Europae, the Foundation of AleksanderKwaśniewski), Jean-Arnold Vinois (European Commissionrepresentative on Energy Policy issues) and other honored guests.

"Traditionally, energy security is seen as a part of political security. Today, it is very important for Ukraine to cooperate with Europe, and the progress in this field has already beenmade. Ukraine has a huge potential in using renewable energy sources", - admitted Joschka Fischer.

Speakers expressed their support for Ukraine and Europe, on their way to energy independence and renewable energy development.

"It is such a unique occasion, when a Forum managed to unite different people of different social status over the idea of energy security in Europe. International Forum, organized by the Prince Albert II of Monaco Foundation and Burisma Group, isn’t just an attempt to attract socially responsible businesses and civil society to address this issue, it’s also an opportunity to provide a discussion platform for a wide range of ideas, which will result in a comprehensive, long-term and substantial work on a new strategy for energy security in Europe", - admitted NikolayZlochevskyi, businessman and the president of the BurismaGroup.

According to Aleksander Kwaśniewski, independent director ofBurisma, the subject of energy security is relevant for Ukraine and the whole world. Lack of energy can make some countries vulnerable and become a XXI century weapon for others. "The topic of the Forum is very important, as energy is a key factor not only today, but it will also remain a key factor in the future.The modern history is changing as fast as never before. I hope that Burisma will continue to support such initiatives, "-admitted Aleksander Kwaśniewski.

Energy Security Forum was also chosen as a platform for the presentation of the English version of Mission Ukraine, a book,written by a Polish publicist, Maciej Olchava, which represents the vision of the European Community and Ukraine's place in it. The publication reveals new interesting details of the Cox-Kwasniewski Mission, which played a key role during the Revolution of Dignity in Ukraine. Particular attention in the book is devoted to the issues of European integration, Ukraine's place in Europe and the world, modern leaders and new politicalelites formation. A book also suggests a new strategy of the EUinternational politics from the perspective of the Ukrainian events.

Within the event Energy Security for the Future: New sources, Responsibility, Sustainability Aleksander Kwaśniewskipresented the book Mission Ukraine, together with the author they held an autograph session and promised to publish an Ukrainian version of the book.

"It is the first European initiative on energy security, and one of its main tasks will be alternative energy sources promotion. Being the largest independent gas producer in Ukraine, the company found itself on the European “front line” when facing political and economic dependence on one energy supplier. Besides, Burisma is a socially responsible company which actively invests in the development of new and clean energy producing technologies. Today, our competences in drilling deep wells enables to successfully provide Europeans with cheap and clean energy on an industrial scale", - says Vadym Pozharskyi,Advisor to the Board of Directors at Burisma.

The guests of the Forum were welcomed by a world-famous tenor, Jonas Kaufmann: together with a virtuoso pianist, StellarFagone they performed the best arias of Giacomo Puccini and Giuseppe Verdi.

According to Nikolay Zlochevskyi, Energy Security Forum –Energy Security for the Future: New sources, Responsibility, Sustainability – will become an annual event, which will take place in one of the European countries to engage more and more people in the process. It is symbolic that this European initiativewas able to unite both EU politicians and politicians from the countries that don’t make part of the European Union yet, but which are ready to develop a common security strategy.

Burisma is an independent oil and gas producing company, which has assets in Ukraine, Italy and Kazakhstan. Since its launch in 2002, the company has rapidly become one of the largest independent gas producers in the country with an annual gas production volume of about 1.5 billion cubic meters, and a market share of 30%. The main activities of Burisma Group include exploration and production, services and geothermal energy. The company plans to increase the volume of gas production to up to 1,8 billion cubic meters this year.

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