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Research Article Open Access

ORGANIZATIONAL AND ECONOMIC MECHANISM OF OIL AND GAS PROJECTS IN THE RUSSIAN ARCTIC SHELF

Abstract

Authors of the paper prove the need of development of the organizational and economic mechanism of development of oil and gas fields in the Arctic shelf of the Russian Federation. The organizational and economic mechanism of oil and gas projects in the Russian Arctic should take into account strategic issues of oil and gas sector of Russia. It must be a universal algorithm of the choice of the investment scheme for development of oil and gas fields in the Arctic shelf. This mechanism should also estimate efficiency of participation for all concerned parties. The mechanism provided by authors includes evaluation of public, commercial and budget effectiveness, evaluation of social, economic, political and innovative effects, quality evaluation of the offered investment schemes and also evaluation of impact of oil and gas projects on the main involved participants – stakeholders.

ANNI YULIEVNA NIKULINA, MARINA NIKOLAEVNA KRUK

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