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6.5. Development of Russian Subsoil Use Legislation: Efforts to Provide Investment Influx

May 29 2015
15:30 - 17:30
Hall VII

Track: 6. Cultural Heritage/ Public Interest/ Environment

Description

The session will be dedicated to relevant issues and main trends of legislative development and law enforcement practice in the area of subsoil use in an attempt to improve the investment climate and find the best ways of operation against the backdrop of sanctions and economic instability.

Changing macroeconomic parameters have modified the conditions and performance indicators of investment project implementation in geological survey, exploration and extraction of fossil fuels. In the current situation, it is important to ensure investment activities, acceptable project profitability and incentives for subsurface development.

Is it possible to ensure a balance between stricter regulation of nature management and environmental protection and investments into project implementation? What are the main tasks and demands of the industry's regulation?

Discussion participants will learn the answers to these questions and discuss the challenges of licensing amnesty; regulation of HTR reserve extraction; state environmental expert appraisal; best technologies available; reform of waste legislation; issue of the accumulated environmental damage.

At the same time, the session will review a large number of questions related to eliminating unnecessary administrative barriers, simplifying subsoil users' operations and attracting investments into subsurface development projects.

The session's experts will help the investors choose a structuring model for new oil and gas investment projects in Russia and discuss the possible ways of eliminating the existing risks and problems.

Moderators

Evgeny Mazkov

Deputy Director of GR Department, Rosneft


Victor Nesterenko

President, RusEnergyLaw School


Speakers

Denis Khramov

First Deputy Minister of Natural Resources and Environment of the Russian Federation


Biography

Born in 1975 in the city of Kuibyshev (now Samara), USSR.

Education, academic degree:

Graduated from Ural State Law Academy, diploma in Legal Studies. Subsequently he graduated from the Russian School of Private Law. Candidate of Legal Sciences.

Professional experience:

Since November 10th, 2014 holds the position of first deputy minister of natural resources and ecology of the Russian Federation.

1997–1999 – lawyer at the Centre for Legal Problems of Northern Territories.

1999–2001 – senior expert, deputy divisional manager at Russia's Ministry of Fuel and Energy.

Worked in the Ministry of Economic Development and Trade in the position of a divisional manager.

2002–2007 – OAO Zarubezhneft, work in subsoil use, economy and finance.

2007–2008 – international law firm Dewey & LeBoeuf.

2008–2011 – director of the Department of State Policy and Regulation of Geology and Subsoil Use, Ministry of Natural Resources and Ecology of the Russian Federation.

August 23rd, 2011 – appointed deputy minister of natural resources and ecology of the Russian Federation.

Aydyn Dzhebrailov

Partner, Norton Rose Fulbright (Central Europe) LLP


Sergey Gudkov

Director, Rosgeolexpertiza


Jonathan Hines

Partner, Morgan Lewis


Roman Kvitko

Head of Legal Directorate, Gazprom Neft JSC


Biography

Education, academic degree:

Graduated from Law Faculty, Faculty of Linguistics and International Cooperation of Ulyanovsk State University.

Professional experience:

2000-2001 - lawyer in Sibirsky aluminiy (Syberian Aluminium) Group; 2001-2006 - legal practice.

2006 - lawyer in Sibur Holding; 2007 - Deputy CEO for legal and corporate affairs in Gazpromneft, 2009-2010 - Deputy CEO for legal and corporate affairs in NIS AD Novi Sad.
Then - similar position in Gazpromneft-Razvitiye (company's subsidiary, managing Gazpromneft major upstream projects in Russia and abroad).

Since 2012 - head of legal in ОАО Gazpromneft.

Professional interests:

M&A, litigations.

Achievements and awards:

RCCA 'Success' award as Leading Corporate Lawyer of the Year, 2012.

Under the supervision of Roman Kvitko ОАО Gazpromneft Legal Directorate won Best Legal Departments - 2012 award in the category Production and Processing of Hydrocarbons of Corporate Lawyer magazine; also ОАО Gazpromneft Legal Directorate won Russian Best Legal Departments - 2013 award in the category Processing and Sale of Energy Resources of Legal Insight magazine.

Irina Narysheva

Partner, KPMG


Evgeniy Tulubenskiy

Chief Legal Officer, Corporate and Regulatory Affairs, Nord Gold N.V.


Andrey Zharskiy

Partner, ALRUD Law Firm


*This schedule may be subject to change