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Enhancing the Efficiency of Oil and Gas Complex as a Basis for Ensuring Energy Safety

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  • M.V. Chernyaev
  • T.F. Kreydenko

Abstract

Global development becomes more and more contradictory and dynamical. Russian oil and gas industry (OGI) work now in exhausted industrial potential mode. It faces significant problems preventing its development and threatening the Russia's energy security.This article aims to discover ways to enhance efficiency of functioning of the OGI as the basis for ensuring of Russian energy security.Findings and conclusions of the paper may be used in developing and enhancing both state and industrial instruments of enhancing efficiency of Russian OGI functioning.Ways to address the main conflict of interests in the OGI between the state and the subsurface user, the elaborated system of administrative and economic measures aimed at increasing efficiency of the OGI functioning as the basis of Russia's energy security, ways to improve the organizational and managerial mechanism to enhance efficiency of the OGI functioning, as the authors suggest herein, are recommended for practical implementation.

Suggested Citation

  • M.V. Chernyaev & T.F. Kreydenko, 2018. "Enhancing the Efficiency of Oil and Gas Complex as a Basis for Ensuring Energy Safety," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 516-529.
    • Handle: RePEc:ers:journl:v:xxi:y:2018:i:3:p:516-529
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    File URL: https://www.ersj.eu/dmdocuments/2018_XXI_3_42.pdf
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    References listed on IDEAS

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    1. N.G. Kuznetsov & I.I. Savvidy & N.D.Rodionova & E.S. Tsepilova, 2017. "Economic Cooperation of Russia and Greece during the Sanction Restrictions period and the Policies to Strengthen the Integration Process," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 22-35.
    2. Nikolai G. Kuznetsov & Vladimir V. Kuznetsov & Irina Y. Soldatova, 2016. "Internal and External Factors of Food Security Policy in Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 86-99.
    3. Vitaliy Vladimirovich Kovalev & Valeriy Vasilyevich Kasyanov & Yury Sergeevich Bortsov & Andrey Yurievich Goloborod’ko & Tatyana Dmitrievna Skudnova, 2017. "The Increase in Geopolitical Competition as a Challenge (threat) to Russia's National Security," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 499-508.
    4. Irina Aleksandrovna Rodionova & Maksim Vasilyevich Chernyaev & Anna Vadimovna Korenevskaya, 2017. "Energy Safety and Innovative Development of the BRICS States," International Journal of Energy Economics and Policy, Econjournals, vol. 7(3), pages 216-224.
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    Citations

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    Cited by:

    1. Tatiana Kreydenko & Maxim Chernyaev & Elena Grigorieva & Anna Korenevskaya, 2020. "Improvement of Informational and Analytical Base of Development of Russia s Fuel and Energy Companies in the Sphere of Energy Saving and Energy Efficiency," International Journal of Energy Economics and Policy, Econjournals, vol. 10(2), pages 504-511.
    2. Yuliana Vladimirovna Solovieva & Maxim Vasilyevich Chernyaev & Nezhnikova Ekaterina Vladimirovna, 2021. "Brent and Urals Oil Price Control Mechanisms," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 571-577.

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    More about this item

    Keywords

    Russian oil and gas industry (OGI); ways to enhance efficiency of functioning; innovation technologies; innovation strategy; energy security; conflict of interests.;
    All these keywords.

    JEL classification:

    • L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment

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