scholarly journals New Directions of China’s Economic Expansion in Africa (The Case of Equatorial Guinea)

2020 ◽  
pp. 5-13
Author(s):  
Tatiana Deych
Keyword(s):  
Oil And Gas ◽  
Development Plan ◽  
Sub Saharan Africa ◽  
Strategic Partnership ◽  
Equatorial Guinea ◽  
Infrastructure Development ◽  
Hydrocarbon Production ◽  
Horizon 2020 ◽  
Trade Relations ◽  
The Government

The article analyzes China’s cooperation with the Republic of Equatorial Guinea (REG). This country is out of the limelight of attention of scholars and media. Meanwhile, it is one of the leading oil producers in sub-Saharan Africa. Exploitation of oil and gas deposits, beginning in the 1990s, has driven economic growth in Equatorial Guinea. Declining revenue from hydrocarbon production, high levels of infrastructure expenditures, lack of economic diversification, and corruption have pushed the economy into decline in recent years and precluded the improvement in the general population’s living conditions from 2010 to 2014. Country experienced the reduction of foreign financial assistance. In the light of the economic difficulties in the country, as well as in the context of the national economic development plan “Horizons 2020” implemented by the government of Equatorial Guinea, which stipulates the need in investment, the Chinese assistance is of particular importance for REG. The author analyzes China-Equatorial Guinea trade relations and shows that Beijing has become the first partner of REG on export and the second – on import and the largest destination for REG oil exports. The article deals with Beijing’s activities as donor and investor in this African country. China has been increasing its presence in Equatorial Guinea, cooperating with this country in pressing issues such as infrastructure development. REG government seeks to diversify its economy. The government’s “Horizon 2020” initiative tries to build up infrastructure, particularly in the fields of healthcare, water systems, and transportation networks. The Chinese have been engaged in such projects. The article shows that China, which has established a strategic partnership with REG, plays an important role not only in the oil sector of the country, but also in its economy as a whole. The analysis of the problem leads to the conclusion that China makes a significant contribution to the implementation of the REG development plan.

scholarly journals Территориальный спор в Южно-Китайском море в энергетическом измерении: позиции Китая, Вьетнама и России

2020 ◽  
Vol 45 (1) ◽  
pp. 64-72
Author(s):  
P. А. Skiruta ◽  
I. N. Zolotukhin
Keyword(s):  
South China Sea ◽  
South China ◽  
Oil And Gas ◽  
The South China Sea ◽  
Strategic Partnership ◽  
The South ◽  
Territorial Conflict ◽  
Hydrocarbon Production ◽  
China Sea ◽  
Oil And Gas Fields

В данной статье рассматривается политико-экономическая составляющая морского территориального конфликта между КНР и СРВ в Южно-Китайском море (ЮКМ), а также позиция России, находящейся в отношениях всеобъемлющего стратегического партнёрства с обоими диспутантами и заинтересованной в освоении нефтегазовых месторождений ЮКМ. Методологической основой работы является анализ результатов исследований отечественных и зарубежных авторов, а также материалов и документов в изучаемой проблеме. В статье представлены статистические данные по добыче углеводородов на территории ЮКМ, а также дана оценка рисков для России, Китая и Вьетнама. In this article, we will consider the political and economic components of the maritime territorial conflict between China and Vietnam in the South China Sea, as well as the position of Russia, which is in a comprehensive strategic partnership with both disputants. The maritime territorial conflict in South China Sea has existed for many years and is investigated by many researchers because both claimants cannot come to term with each other. The article briefly describes the conflict anatomy and arguments submitted by both countries. Russia is interested in developing the oil and gas fields of the South China Sea. It should be emphasized that Russia is trying to keep economic cooperation with both China and Vietnam despite the considered conflict. The methodological basis of the work includes the analysis of the research findings from domestic and foreign authors, as well as materials and documents in the problem studied. The article presents the statistics on hydrocarbon production in the area of the South China Sea. The estimation and analysis of both risks and prospects for further cooperation in the disputed areas are given in the work

scholarly journals North Aceh Regional Innovation Policy in the face of reduced Regional Fiscal Capacity after the end operational PT. Arun. LNG

2021 ◽  
Vol 1 (1) ◽  
pp. 10
Author(s):  
Ferizaldi Ferizaldi ◽  
Muhammad Hasyem
Keyword(s):  
Budget Deficit ◽  
Oil And Gas ◽  
Fiscal Decentralization ◽  
Revenue Sharing ◽  
Development Plan ◽  
Medium Term ◽  
Short Term ◽  
The North ◽  
The Government ◽  
Innovation Policies

Through Law no. 11 of 2006 concerning the Government of Aceh. Aceh has very broad powers, especially in the area of fiscal decentralization, which allows the Aceh government to have greater discretion in maximizing its fiscal needs. The phenomenon that occurred in North Aceh is very paradoxical with the fact that the North Aceh Government experienced a very large budget deficit after the end of PT. Arun. LNG as a contributor to oil and gas revenue sharing. This study aims to find out what innovation policies are carried out by the North Aceh Regency Government to overcome the budget deficit after the end of PT. Arun LNG. The results of the study show that various policies have been carried out by the North Aceh government but are still short-term in nature. So it can be concluded that the North Aceh Government does not have Social Accountability in implementing Aceh's Special Autonomy. In the Medium-Term Development Plan, a major policy that is substituted for income that will be lost after the end of the operations of PT. Arun.LNG so that the budget deficit can be overcome and the regional fiscal gap does not become negative.Through Law no. 11 of 2006 concerning the Government of Aceh. Aceh has very broad powers, especially in the area of fiscal decentralization, which allows the Aceh government to have greater discretion in maximizing its fiscal needs. The phenomenon that occurred in North Aceh is very paradoxical with the fact that the North Aceh Government experienced a very large budget deficit after the end of PT. Arun. LNG as a contributor to oil and gas revenue sharing. This study aims to find out what innovation policies are carried out by the North Aceh Regency Government to overcome the budget deficit after the end of PT. Arun LNG. The results of the study show that various policies have been carried out by the North Aceh government but are still short-term in nature. So it can be concluded that the North Aceh Government does not have Social Accountability in implementing Aceh's Special Autonomy. In the Medium-Term Development Plan, a major policy that is substituted for income that will be lost after the end of the operations of PT. Arun.LNG so that the budget deficit can be overcome and the regional fiscal gap does not become negative.

Indonesia reforms slightly boost infrastructure plan

2016 ◽  
Keyword(s):  
East Asia ◽  
National Development ◽  
Development Plan ◽  
South East Asia ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Public Infrastructure ◽  
Content Type ◽  
The Government ◽  
Private Investors

Subject Indonesia's infrastructure plans. Significance Indonesia will need over 416 billion dollars for infrastructure development between 2015 and 2019, according to the National Development Board's mid-term development plan published late last year. To that end, President Joko 'Jokowi' Widodo's government is planning to treble public infrastructure spending to 26 billion dollars in 2016, from about 9 billion dollars in 2015. For 2016, the government has pledged to streamline further the planning and funding systems of infrastructure projects, offering increasingly better regulatory and financial terms to private investors. Impacts Cancellation of the Bandung-Jakarta rail project has hit Chinese-Indonesian infrastructure cooperation, but only temporarily. A repeat of such a political debacle, however, could have a more lasting impact on Chinese and Japanese investors' appetite. To make 'new friends' in South-east Asia, Russia will probably invest in Indonesian infrastructure, especially in the energy sector.

scholarly journals A Simple Mediation Model for Public–Private Partnership Implementation in Developing Countries: A Case of Tanzania

SAGE Open ◽  
2020 ◽  
Vol 10 (2) ◽  
pp. 215824402093112
Author(s):  
Lusekelo Yonah Mwakapala ◽  
Baiqing Sun
Keyword(s):  
Public Private Partnership ◽  
Sub Saharan Africa ◽  
Outcome Variable ◽  
Infrastructure Development ◽  
Governance Mechanism ◽  
Mediation Model ◽  
Reference Case ◽  
Private Partnership ◽  
The Public ◽  
The Government

The governance mechanism is examined as a mediator to the potential implementation of the public–private partnership (PPP) in the Sub-Saharan Africa region by using Tanzania as a reference case. There is an intricate relationship between the public and private sector in applying the complex PPP phenomenon on infrastructure development, a decision beyond the government functionality for performance is required to steer its implementation. A need for a network system with a positive mindset to what PPP can achieve in adjusting the efficiency and financial gap to infrastructure. In the mediation model, a mediator can partially or fully facilitate the relationship of the outcome variable. With the use of the bootstrapping method in SPSS, our result evidenced a full mediation through governance to PPP implementation.

What Does Rent Give to Federal Budget (on the Russia's Budget Dependence upon "Oil Dollars")

2004 ◽  
pp. 51-69 ◽  
Author(s):  
E. Sharipova ◽  
I. Tcherkashin
Keyword(s):  
Oil And Gas ◽  
Strong Dependence ◽  
Oil Prices ◽  
Federal Budget ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Resource Rent ◽  
Tax Legislation ◽  
Russian Economy ◽  
The Government

Federal tax revenues from the main sectors of the Russian economy after the 1998 crisis are examined in the article. Authors present the structure of revenues from these sectors by main taxes for 1999-2003 and prospects for 2004. Emphasis is given to an increasing dependence of budget on revenues from oil and gas industries. The share of proceeds from these sectors has reached 1/3 of total federal revenues. To explain this fact world oil prices dynamics and changes in tax legislation in Russia are considered. Empirical results show strong dependence of budget revenues on oil prices. The analysis of changes in tax legislation in oil and gas industry shows that the government has managed to redistribute resource rent in favor of the state.

Financial and Economic Support of Innovation Processes in the Russian Fuel and Energy Complex

2019 ◽  
Vol 12 (3) ◽  
pp. 77-85
Author(s):  
L. D. Kapranova ◽  
T. V. Pogodina
Keyword(s):  
Oil Recovery ◽  
Large Scale ◽  
Oil And Gas ◽  
New Technologies ◽  
Innovative Development ◽  
Oil Reserves ◽  
Energy Complex ◽  
Innovation Activities ◽  
Substantial Investment ◽  
The Government

The subject of the research is the current state of the fuel and energy complex (FEC) that ensures generation of a significant part of the budget and the innovative development of the economy.The purpose of the research was to establish priority directions for the development of the FEC sectors based on a comprehensive analysis of their innovative and investment activities. The dynamics of investment in the fuel and energy sector are considered. It is noted that large-scale modernization of the fuel and energy complex requires substantial investment and support from the government. The results of the government programs of corporate innovative development are analyzed. The results of the research identified innovative development priorities in the power, oil, gas and coal sectors of the fuel and energy complex. The most promising areas of innovative development in the oil and gas sector are the technologies of enhanced oil recovery; the development of hard-to-recover oil reserves; the production of liquefied natural gas and its transportation. In the power sector, the prospective areas are activities aimed at improving the performance reliability of the national energy systems and the introduction of digital technologies. Based on the research findings, it is concluded that the innovation activities in the fuel and energy complex primarily include the development of new technologies, modernization of the FEC technical base; adoption of state-of-the-art methods of coal mining and oil recovery; creating favorable economic conditions for industrial extraction of hard-to-recover reserves; transition to carbon-free fuel sources and energy carriers that can reduce energy consumption and cost as well as reducing the negative FEC impact on the environment.

American and Canadian Civil Actions Alleging Human Rights Violations Abroad by Oil and Gas Companies

2008 ◽  
Vol 45 (3) ◽  
pp. 653 ◽  
Author(s):  
Jonathan Horlick ◽  
Joe Cyr ◽  
Scott Reynolds ◽  
Andrew Behrman
Keyword(s):  
Human Rights ◽  
Oil And Gas ◽  
The United States ◽  
Human Rights Violations ◽  
Law Of Nations ◽  
Forum Non Conveniens ◽  
The Government ◽  
Oil And Gas Companies ◽  
Political Question ◽  
The U.S

Under the United States Alien Tort Statute, which permits non-U.S. citizens to bring lawsuits in U.S. courts for human rights violations that are violations of the law of nations, plaintiffs have filed claims against multinational oil and gas corporations for the direct or complicit commission of such violations carried out by the government of the country in which the corporation operated. In addition to exercising jurisdiction over U.S. corporations, U.S. courts have exercised jurisdiction in cases involving non-U.S. defendants for alleged wrongful conduct against non-U.S. plaintiffs committed outside the U.S.The exercise of jurisdiction by U.S. courts over non-U.S. defendants for alleged wrongful conduct against non-U.S. plaintiffs committed outside of the U.S. raises serious questions as to the jurisdictional foundation on which the power of U.S. courts to adjudicate them rests. Defences that foreign defendants can raise against the exercise of jurisdiction by the U.S. courts are an objection to the extraterritorial assertion of jurisdiction, the act of state doctrine, the political question doctrine, forum non conveniens, and the principle of comity. These defences are bolstered by the support of the defendant’s home government and other governments.

To the issue of application of thermoplastic reinforced pipes for the construction of oil and gas pipelines in the Arctic

2020 ◽  
pp. 88-99
Author(s):  
A. A. Tolmachev ◽  
V. A. Ivanov ◽  
T. G. Ponomareva
Keyword(s):  
Oil And Gas ◽  
The Arctic ◽  
Labor Costs ◽  
Hydrocarbon Production ◽  
Environmental Disasters ◽  
The North ◽  
Reinforcing Fibers ◽  
Wear And Tear ◽  
Oil And Gas Companies ◽  
Reinforcing Layer

Ensuring the safety of oil and gas facilities and increasing their facility life are today one of the most important tasks. Emergencies related to rupture and damage of steel pipelines because of their wear and tear and external factors are still the most frequent cases of emergencies during the transportation of hydrocarbons. To expand the fuel and energy complex in the north, in the direction of the Arctic, alternative types of pipelines are needed that solve the problems of reducing energy and labor costs in oil and gas companies, reducing the risk of environmental disasters and depressurization of pipelines during hydrocarbon production. Fiber-reinforced thermoplastic pipes can be such an alternative. This article is devoted to a comparative analysis of the materials of a composite system consisting of a thermoplastic pipe (inner layer) and reinforcing fibers (outer layer); we are discussing the design of the structural system consisting of polyethylene (inner layer) and aramid fibers (outer reinforcing layer).

PENGARUH PEMBANGUNAN INFRASTRUKTUR TERHADAP PDRB DI PROVINSI INDONESIA

Wahana ◽  
2019 ◽  
Vol 22 (1) ◽  
pp. 15-27
Author(s):  
Suripto Suripto ◽  
Eva Dwi Lestari
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Panel Data ◽  
Infrastructure Investment ◽  
Water Infrastructure ◽  
Infrastructure Development ◽  
Road Infrastructure ◽  
Health Infrastructure ◽  
Spatial Coverage ◽  
The Government

Economic growth is one indicator to measure  the success of economic development in a country. Economic development is closely related to infrastructure. Infrastructure development will have an impact on economic growth both directly and indirectly. Therefore, the role of the government in determining infrastructure development policies is very important to increase economic growth in Indonesia. The purpose of this study is to determine the effect of infrastructure on economic growth in Indonesia including road infrastructure, electricity infrastructure, investment, water infrastructure, education infrastructure and health infrastructure in Indonesia in 2015-2017.The analytical tool used in this study is panel data regression with the approach of Fixed Effect Model. The spatial coverage of this study is all provinces in Indonesia, namely 34 provinces, with a series of data from 2015 to 2017 with a total of 102 observations. The data used is secondary data obtained from BPS Indonesia.The results of the study show that (1) the road infrastructure variables have a negative and not significant effect on GDRP. (2) electrical infrastructure variables have a negative and not significant effect on GDRP. (3) investment variables have a positive and significant effect on GDRP. (4) water infrastructure variables have a positive and not significant effect on GDRP. (5) educational infrastructure variables have a positive and not significant effect on GDRP. (6) health infrastructure variables have a positive and significant effect on GDRP. Keywords: development, infrastructure, investment, GDRP, panel data

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