The Problems of Oil and Gas Orientation of the Russian Economy

2006 ◽  
pp. 53-66
Author(s):  
S. Kimelman ◽  
S. Andryushin
Keyword(s):  
Oil And Gas ◽  
Raw Materials ◽  
Energy Market ◽  
Resource Saving ◽  
Russian Economy ◽  
Oil And Gas Sector ◽  
Main Factor

The article analyzes the stages of transformation, present features and possible scenarios of the Russian oil and gas sector development. It argues that only due to the growth of budget expenses directed at the reproduction of mineral and raw materials base, implementation of advanced power and resource-saving technologies and development of the dominant energy market oil and gas orientation of the Russian economy can become the main factor of its growth.

LEGAL MECHANISMS FOR STIMULATING THE DEVELOPMENT OF THE OIL AND GAS SECTOR OF THE RUSSIAN ECONOMY

2021 ◽  
Author(s):  
Viacheslav Olegovich Mosalygin ◽  
Keyword(s):  
Natural Gas ◽  
Russian Federation ◽  
Oil And Gas ◽  
Significant Part ◽  
Tax Revenues ◽  
Russian Economy ◽  
Oil And Natural Gas ◽  
The Russian Federation ◽  
The Government ◽  
Oil And Gas Sector

For more than 15 years, a significant part of the budget revenues of the Russian Federation have been tax revenues from the sale of hydrocarbons, in particular oil and natural gas. Despite the desire of our government to minimize its dependence on oil and gas revenues, the government continues to implement measures to encourage both small and large companies by providing some tax-related benefits, thereby encouraging the fields to further develop and expand.

scholarly journals TAX RISKS IN THE OIL AND GAS SECTOR OF THE RUSSIAN ECONOMY 

2019 ◽  
Author(s):  
А.Х. Цакаев ◽  
А.Р. Батукаева
Keyword(s):  
Financial Reporting ◽  
Oil And Gas ◽  
Financial Statements ◽  
International Financial Reporting Standards ◽  
Reporting Standards ◽  
Consolidated Financial Statements ◽  
Financial Reporting Standards ◽  
Russian Economy ◽  
Oil And Gas Companies ◽  
Oil And Gas Sector

Представлены результаты оценки налогового риска ПАО НК Роснефть , ПАО Газпром и ПАО ЛУКОЙЛ согласно общедоступным критериям самостоятельной оценки рисков для налогоплательщиков Концепции планирования выездных налоговых проверок, исходя из данных консолидированной финансовой отчетности, подготовленной в соответствии с международными стандартами финансовой отчетности, позволившие сделать вывод о предложении по преобразованию данной Концепции под международные стандарты финансовой отчетности. Сформулированы предложения по обеспечению снижения уровня налоговых рисков в деятельности российских нефтегазовых компаний Results of assessment of tax risk of PJSC Rosneft, PJSC Gazprom and PJSC Lukoil according to public criteria of independent risk assessment for taxpayers of the Concept of planning of exit tax audits, proceeding from data of the consolidated financial statements prepared according to International Financial Reporting Standards, allowed to draw a conclusion on the offer on transformation of this Concept under International Financial Reporting Standards are presented. Offers on ensuring decrease in level of tax risks in activity of the Russian oil and gas companies are formulated.

scholarly journals MECHANISMS AND INSTRUMENTS FOR ENSURING ECONOMIC SECURITY OF OIL AND PETROCHEMICAL ENTERPRISES

2020 ◽  
Vol 8 (1) ◽  
pp. 126-130
Author(s):  
Camila Weisman
Keyword(s):  
Crude Oil ◽  
Oil And Gas ◽  
Raw Materials ◽  
Oil Production ◽  
Oil And Gas Industry ◽  
Economic Security ◽  
Gas Industry ◽  
Important Direction ◽  
The Russian Federation ◽  
Oil And Gas Sector

The oil and gas industry remains for Russia the most important source of income, a strategic industry. According to official figures of the Ministry of Finance of the Russian Federation, income from the oil and gas sector, according to the results of 2019, is 40% of the total budget of the country. A large volume of crude oil and gas is exported from the country. The tax burden on raw materials reaches up to 60% of the initial cost, which makes oil production at new fields extremely unprofitable. The most important direction for the country is the transition from a strategy for the sale of crude oil products to refined ones, which have an additional cost. The article discusses the features of domestic oil production, analyzes the reasons for overpriced in comparison with competitive raw materials from other oil producing leader countries. The strategy of ensuring the economic security of the industry is noted, the main tools are listed and the mechanisms for ensuring the economic security of petrochemical industry enterprises are presented.

scholarly journals DEVELOPMENT OF THE KNOWLEDGE ECONOMY IN INTERACTION WITH THE RESOURCE SECTOR ON THE TOMSK REGION EXAMPLE

2020 ◽  
Vol 3 (1) ◽  
pp. 131-143
Author(s):  
Margarita M. Lebedeva
Keyword(s):  
Knowledge Economy ◽  
Cognitive Modeling ◽  
Oil And Gas ◽  
Innovative Development ◽  
Modeling Tools ◽  
Tomsk Region ◽  
Strategic Goals ◽  
Resource Sector ◽  
Oil And Gas Sector ◽  
Main Factor

The main factor of socio-economic development of the region is the level of innovative development that contributes to the formation of a new economy type - the knowledge economy. The article describes the possibilities of innovative development of the Tomsk region, cooperation between the state, business and the scientific and educational complex. The oil and gas sector is singled out among the industries that are promising for the development of innovative technologies. A medium-term scenario forecast of the Tomsk region economic growth is constructed using cognitive modeling tools. The author notes the critical importance of innovative development for the region. Criteria for evaluating and selecting actions to achieve strategic goals have been formed.

The Financial Significance of the Oil and Gas Sector for the Russian Economy

2012 ◽  
pp. 76-91
Author(s):  
L. Eder ◽  
I. Filimonova
Keyword(s):  
Oil And Gas ◽  
Federal Budget ◽  
Oil And Gas Industry ◽  
International Markets ◽  
Balance Of Payments ◽  
Financial Indicators ◽  
Gas Industry ◽  
Russian Economy ◽  
Oil And Gas Companies ◽  
Oil And Gas Sector

The article describes the complex of economic and financial indicators reflecting the results of Russia’s oil and gas industry in 2011. Price environment of the major energy resources with regard to their realization at the domestic and international markets is analyzed. Main indicators of economic performance of the oil and gas industry (revenue, profit, profitability) are reviewed with differentiation by companies. The authors consider the tax burden for the oil and gas companies; show their role in forming federal budget revenues. The paper presents the analysis of specialized funds and reserves that are formed at the expense of oil and gas industry sources; examines Russia’s balance of payments as well as revenues generated by oil and gas exports. The stock market structure of Russia and the world is described with consideration of particular oil and gas companies.

Recovery experiences of the Russian economy: The patterns of the post-shock growth after 1998 and 2008 and future prospects

2021 ◽  
pp. 5-31
Author(s):  
I. B. Voskoboynikov ◽  
E. F. Baranov ◽  
K. V. Bobyleva ◽  
R. I. Kapeliushnikov ◽  
D. I. Piontkovski ◽  
...  
Keyword(s):  
Global Economy ◽  
Production Efficiency ◽  
Oil And Gas ◽  
Raw Materials ◽  
Growth Stimulation ◽  
Sustainable Growth ◽  
Russian Economy ◽  
Catching Up ◽  
Long Run ◽  
Post Shock

The global economy is in recession due to the pandemic of the coronavirus infection COVID-19. Russia’s GDP in 2020 fell by 3.1% in relation to the level of 2019, so that the decline was more moderate than in 1998 (–5.3%) and 2009 (–7.8%). In the coming years, the Russian economy will have to recover and enter a new long-term growth path. At what expense and in which industries will this happen? Based on the experience of previous crises and using industry accounts of economic growth and Russia KLEMS data, we have examined possible sources of recovery of the Russian economy after the crisis of 2020. By analogy with the recovery after 2008—2009, it is likely to be associated with increased demand for raw materials on world markets and the reaction of the Russian oil and gas complex. Stagnation after 2008—2009 is due to a decrease in production efficiency, especially in the expanded mining complex (EMC), as well as the cessation of technological catching-up. Growth stimulation measures should include increasing the efficiency of the EMC, providing the adaptation of advanced technologies, and preserving existing adaptation channels in times of crisis — for example, successful export-oriented industries integrated into global value chains. In the long run sustainable growth assumes diversification of the economy.

scholarly journals Methodical approaches to the application of new technologies in the innovative resource-saving system

2018 ◽  
Vol 55 ◽  
pp. 01013
Author(s):  
Oleg Andreev
Keyword(s):  
Natural Resources ◽  
Oil And Gas ◽  
New Technologies ◽  
Raw Materials ◽  
Cleaner Production ◽  
Main Role ◽  
Resource Saving ◽  
Structural Reorganization ◽  
Production Concept ◽  
Main Components

The urgency of the problem being investigated is conditioned by the issues of rational use of natural resources in the conditions of transition of the economy to the trajectory of sustainable development. The analysis of conceptual views on this issue points to many arguments, which indicates a divergence of theoretical positions. The purpose of the article is aimed at the formation of a resource-saving strategy and the concepts of “cleaner production”, which are one of the decisive ways in increasing the efficiency of the use of natural resources. In recent years, this process is significantly intensified, which is associated with the extraction, processing and transportation of oil and gas, which are a dangerous source of possible environmental complications. The manifestation of increased attention to the problem being investigated is based on an understanding of the main role of resource saving in market conditions. The leading approach to the study of this problem was the structural reorganization of existing production facilities and the creation of new ones based on the integrated use of petroleum raw materials, taking into account the introduction of innovative processes. The main components of scientific novelty are directions that have been further developed and containing elements of a real increase in scientific knowledge. The main results of the article are aimed at justifying the development of all components of resource-saving links. The materials of the article can be used to improve the state policy in the field of resource saving, using the principles and tools of the “cleaner production” concept, as well as in teaching courses in economic theory, the theory of resource-saving management.

scholarly journals REFORM OF TAXATION SYSTEM OF THE OIL AND GAS SECTOR OF RUSSIAN ECONOMY

2017 ◽  
Vol 1 (2) ◽  
pp. 75-80
Author(s):  
Дмитрий Анатольевич Артеменко ◽  
◽  
Галина Анатольевна Артеменко ◽  
Keyword(s):  
Oil And Gas ◽  
Russian Economy ◽  
Taxation System ◽  
Oil And Gas Sector

scholarly journals FORMATION OF A PETROCHEMICAL CLUSTER AND THE CREATION OF AN INTEGRATED PETROCHEMICAL COMPLEX IN KAZAKHSTAN

2017 ◽  
Vol 5 ◽  
pp. 211-217
Author(s):  
Assel Kadyrbergenova ◽  
Saule Yegemberdiyeva ◽  
Kulman Orazbayeva
Keyword(s):  
Petrochemical Industry ◽  
Oil And Gas ◽  
Raw Materials ◽  
Economic Effect ◽  
Cluster Approach ◽  
Regional Competitiveness ◽  
Petrochemical Complex ◽  
The Creation ◽  
The Republic ◽  
Main Factor

The problems associated with the development of the petrochemical industry of the Republic of Kazakhstan are investigated by creating a petrochemical cluster in the western oil and gas region of the country. The issues of a forming petrochemical cluster in Kazakhstan and creating an integrated petrochemical complex in Atyrau region are considered. The essence of the cluster approach as the main factor for increasing the regional competitiveness of the Atyrau region is opened, the expediency and efficiency of the creation of the petrochemical cluster and an integrated petrochemical complex is substantiated. The stages of construction of an integrated petrochemical complex are described, depending on the sources of supply of the used raw materials. An integrated scheme of the petrochemical complex was created and investment petrochemical projects in the Atyrau region were considered. The main groups of factors substantiating the opportunities for the formation of a petrochemical cluster and the achievement of an economic effect in western Kazakhstan are defined.

scholarly journals DEVELOPMENT OF INVESTMENT ACTIVITIES OF ENTERPRISES OF THE OIL AND GAS CHEMICAL COMPLEX

2019 ◽  
Vol 8 (4) ◽  
Author(s):  
Gulnaz M. Galeeva ◽  
Elena N. Zagladina
Keyword(s):  
Social Life ◽  
Oil And Gas ◽  
Raw Materials ◽  
Supply And Demand ◽  
The United States ◽  
World Market ◽  
Stable Operation ◽  
Russian Economy ◽  
The Republic ◽  
Challenging Situation

This paper considers the problems and dynamics of investment activities of enterprises in the Russian economy. In the current context oil and gas companies have got in to a challenging situation against the background of their competitiveness in the world market. Balance between supply and demand has been changed in the course of shale revolution in the United States, due to Iran’s coming back to the world’s oil market and “market share retention” policy being pursued by the countries – OPEC members. The paper specially consider Tatneft, since it plays an important part in the national, economic, political, public and social life of the Republic of Tatarstan. The Company’s stable operation in strategic raw materials extraction, its budgetary and hard-currency injections warrant progressive and harmonious development of the Republic. The most important factor for the investing activity it the international agreements of cooperation in oil and gas sector.

Sign in / Sign up

Export Citation Format

Share Document