Global Energy Perspectives to 2050

The global energy sector is facing the need for transformation to prevent a negative impact on climate, which contributes to increasing uncertainty about the future structure of energy markets. The report "Global Energy Perspectives to 2050" describes three possible trajectories of major energy sources consumption, depending on the intensity of climate regulation and the degree of international coordination to reduce greenhouse gas emissions. The scenarios presented in the report are used to prepare LUKOIL's long-term strategy and analyze the risks the Company faces.