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Eastern Oil Superproject: problems and solutions

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  • B.V.Robinson

Abstract

The paper presents a history of the export of hydrocarbonic materials from Eastern Siberia regions. Special focus is on providing the Eastern Siberia-Pacific Ocean Pipeline with oil and on the reasons why preparations (their level and rates) being undertaken to develop the oil reserves already explored in the Siberian Platform are insufficient. The project could be regarded of high risk. A dominant risk among others is a resource risk connected with the indeterminacy and (or) errors made while estimating the volume of economically effective reserves. The author points out two issues being insufficiently studied - potential consumers of Russian oil, and how to cover a domestic demand for oil.

Suggested Citation

  • B.V.Robinson, 2007. "Eastern Oil Superproject: problems and solutions," Journal "Region: Economics and Sociology", Institute of Economics and Industrial Engineering of Siberian Branch of RAS, vol. 5.
    • Handle: RePEc:nos:regioe:2007-5_11
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