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Preliminary Calculation of the EROI for the Production of Gas in Russia

Roman Nogovitsyn and Anton Sokolov
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Roman Nogovitsyn: Arctic Innovation Center of North-Eastern Federal University in Yakutsk, Kulakovskogo 46, Yakutsk 677027, Russia
Anton Sokolov: Laboratory of Geology of Oil and Gas Fields, Institute of Oil and Gas Problems SB RAS, Oktyabrskaya 1, Yakutsk 677980, Russia

Sustainability, 2014, vol. 6, issue 10, 1-15

Abstract: Russia is one of the world’s largest producers of energy resources. Production of energy resources in Russia is profitable, both economically and in terms of the energy produced (as measured by EROI). At the present time, Russian oil and gas companies have a policy of energy saving, and data on energy consumption is given in annual reports. Based on these data, we can make the EROI calculation. In 2013, the EROI for the production, transportation and processing of gas for Open joint stock company (OJSC) “Gazprom” was 79:1; for OJSC “NOVATEK”, 76:1; for OJSC “Yakutsk Fuel and Energy Company (YATEC)”, only for production, 116:1. Currently, the situation in the oil and gas industry has come to a point when there is a need for the introduction of an energy audit.

Keywords: EROI; gas production; Russia (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (4)

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