Adequate Resources Provision of the Eastern Siberia-Pacific Ocean Pipeline

A.A.Gert, P.N. Melnikov, O.G. Nemova, K.N. Volkova, M.Yu. Sobolev and N.A. Suprunchik

Journal "Region: Economics and Sociology", 2006, vol. 4

Abstract: The issues concerning the resources supply of the “Eastern Siberia–Pacific Ocean Oil-Pipeline Project” are discussed in the article. The authors prove that the future effective operation of the proposed oil-pipeline necessarily requires the creation of the Eastern Siberia Oil-and-Gas Complex. Moreover, the Geologic Research Program on the development of the hydrocarbonic resource deposits in Eastern Siberia and Yakutiya would secures a resource base for this Complex. There are more than 200 promising and licensed sites in the Southern Siberian Platform, and the schedule for their development has been made up. To increase the investment attractiveness of other by-way deposits in this territory, a set of geological explorations should be carried out at the expense of the federal budget. Our assessment of the economic effect of public investing the initial stages of developing such deposits has shown that these investments could be regarded as publicly profitable.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:nos:regioe:2006-4_14

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