IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2016-04-12.html
   My bibliography  Save this article

Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex

Author

Listed:
  • Anni Yulievna Nikulina

    (Department of Management, National Mineral Resources University (Mining University), 21 Linia 2, 199106, Saint Petersburg, Russia)

  • Marina Nikolaevna Kruk

    (Department of Management, National Mineral Resources University (Mining University), 21 Linia 2, 199106, Saint Petersburg, Russia)

Abstract

The present article analyzes the impact of the restrictive measures adopted by the European Union and the United States of America against Russian Federation. In particular, the item aims to analyze the sectoral sanctions in oil and gas industry. Sanctions in oil and gas sector are extended to the supply of equipment particularly to the technologies for development of the Arctic shelf. The article proposes and analyzes scenarios of Russian oil and gas complex in the conditions of restrictive measures from the part of Western countries. As for equipment authors offer two options: The importation of equipment through third countries or copying it from Western equipment. In the area of finance they offer attracting Asian credits and the use of the National Welfare Fund of Russian Federation

Suggested Citation

  • Anni Yulievna Nikulina & Marina Nikolaevna Kruk, 2016. "Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex," International Journal of Economics and Financial Issues, Econjournals, vol. 6(4), pages 1379-1382.
    • Handle: RePEc:eco:journ1:2016-04-12
    as

    Download full text from publisher

    File URL: http://www.econjournals.com/index.php/ijefi/article/download/2523/pdf
    Download Restriction: no
    File URL: http://www.econjournals.com/index.php/ijefi/article/view/2523/pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alexander N. Alekseev & Aleksei V. Bogoviz & Ludmila P. Goncharenko & Sergey A. Sybachin, 2019. "A Critical Review of Russia s Energy Strategy in the Period until 2035," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 95-102.
    2. Oliver Fritz & Elisabeth Christen & Franz Sinabell & Julian Hinz, 2017. "Russia's and the EU's Sanctions. Economic and Trade Effects, Compliance and the Way Forward," WIFO Studies, WIFO, number 60669, February.
    3. Keypour Javad, 2019. "The Outcome of Directive 2009/73/EC Amendment on EU’s Natural Gas Security," TalTech Journal of European Studies, Sciendo, vol. 9(1), pages 77-98, June.

    More about this item

    Keywords

    Oil; Gas; Sanctions; Arctic; Offshore;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2016-04-12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.