The International energy sector is going through major global transformations driven by technological revolution, environmental and geopolitical challenges. For the second year in a row, the Forum on Energy Security for the Future: new vision, strategy, innovation brought together global leaders, including politicians, opinion makers and business people.

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Organized by Burisma Group in partnership with the Adam Smith Conferences, and with support from the Prince Albert II of Monaco Foundation and the Alexander Kwasniewski Foundation Amicus Europae, the Forum was held on June 2, 2017 in Monte Carlo, Monaco. 

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The event addressed Europe’s energy security with focus on Ukraine’s increasing role in the European energy market.

“The processes taking place in the EU automatically affect Ukraine and vice versa. Such events allow Ukrainian and European leaders share their views and define instruments required to obtain energy independence at a country level and in the whole Europe”, noted the President of Burisma Group Nikolay Zlochevskyi.

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In attendance from the Ukrainian side were the Vice Prime Minister of Ukraine Volodymyr Kistion, the Head of the Committee on Taxation and Customs Policy at the Verkhovna Rada of Ukraine Nina Yuzhanina, Deputy Minister for International Integration at the Ministry of Energy and Coal Industry of Ukraine Nataliya Boyko, as well as representatives of the Embassy of Ukraine in France, the Cabinet of Ministers, Ministries and Departments.

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The Forum started with welcoming remarks from His Serene Highness Prince Albert II of Monaco, followed by keynote addresses from the President of Slovenia (2007–2012) Danilo Türk and the Prime Minister of Belgium (1999–2008) and  the Leader of the Alliance of Liberals and Democrats for Europe Group Guy Verhofstadt.

The panelists of the keynote session included the Vice Prime Minister of Ukraine Volodymyr Kistion, the Director of the CIA’s Counterterrorist Center (1999-2002) and Ambassador at Large for Counter-Terrorism (2002-2004) Joseph Cofer Black, the European Commissioner for Energy (2004 and 2009) Andris Piebalgs, and the Director of the Atlantic Council Dina Patriciu Eurasia Center and the US Ambassador to Ukraine (2003-2006) John E. Herbst. They focused on the role of institutions in strengthening European energy security. The first session closed with a keynote presentation from the President of Poland (1995-2005) Alexander Kwasniewski.

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The analytical market debate, moderated by the EU Platts correspondent Siobhan Hall, placed special emphasis on latest trends affecting the European energy market, including energy landscape changes, supply and demand dynamics and competition. The Forum addressed European energy security at a regional level and development of energy-efficient infrastructure.

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The conference followed with discussions on regional perspective for European energy security and the development of effective energy infrastructure between the Deputy Minister for European Integration at the Ministry of Energy and Coal Industry of Ukraine Nataliya Boyko, the Member of the Board of the Greek Regulatory Authority for Energy (RAE) and Member at the ACER Board of Regulators Nektaria Karakatsani, the Energy expert and Former Minister for Energy of Romania Victor Grigosescu, the CEO of the private equity investment fund PGK Ltd in Poland Bartosz Soroczynski and the Senior Researcher at Globsec Policy Institute in Slovakia Kristian Takac.

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The Forum ended with a session on creating a right energy mix for the clean and secure future. The President at GERG Isabelle Moretti delivered a presentation on the current gas market situation and its challenges. The Dean of the Centre for Energy Expertise at Hanze University of Applied Sciences Jan-Jaap Aué talked about energy market innovations. The expert on energy markets, finance, and Associate Professor at the ESCP Europe Business School Kostas Andriosopoulos focused on EastMed and its impact in the region. The Policy Adviser at Eurogas Tim Cayford closed the Forum with the presentation on the European energy paradigm.

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“This event goes in line with our corporate objectives, but most importantly, it reflects values and principles that we, at Burisma Group, stand by: integrity, social responsibility and innovation. We are proud that the Forum is becoming Europe’s largest energy platform. Every year, more and more politicians and public figures join in to aid the cause. With the support from the Prince Albert II of Monaco Foundation, we are hoping that our Forum will bring tangible results for the entire Europe”, admitted the Head of the Organizing Committee and Advisor to the Board of Directors at Burisma Group Vadym Pozharskyi.