News

25 October 2010

Energy and space - a pragmatic connection

In Russia, the oil and gas industry is a major factor in the country’s economy. It is Russia’s main export, a source of taxes and the sponsor of social initiatives; its development is vital for the country. Today, Russia’s economic modernization calls for migrating from a raw material extraction driven economy to a hi-tech economy. It is no accident that Russia’s largest energy sector player anticipated the current model many years ago and now its largest space sector player as well.

In Russia, the oil and gas industry is a major factor in the country’s economy. It is Russia’s main export, a source of taxes and the sponsor of social initiatives; its development is vital for the country. Today, Russia’s economic modernization calls for migrating from a raw material extraction driven economy to a hi-tech economy. It is no accident that Russia’s largest energy sector player anticipated the current model many years ago and now its largest space sector player as well.
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October 2010

Dmitry Sevastiyanov,
Director General, Gazprom Space Systems
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