ST. PETERSBURG, June 8 Abandoning oil will also mean abandoning the modern way of life, and increasing its consumption means access to the benefits of civilization, said Rosneft CEO Igor Sechin, speaking at a session of the SPIEF.
«Giving up oil will also mean giving up the modern way of life. And vice versa, for many countries, increased oil consumption means access to the benefits of civilization,» he said. 
The head of Rosneft noted that overcoming energy inequality is impossible without reliable supplies of oil and gas.
«Those who advocate a complete ban on fossil fuels and even a gradual phase-out of them would do well to think about the role that oil plays in the modern world. After all, in addition to the production of petroleum products, oil is used to produce a huge number of everyday goods, without which it is no longer possible to imagine the life of a modern person,» Sechin added.
The St. Petersburg International Economic Forum (SPIEF) is being held from June 5 to 8. is the forum's information partner.