 Fuel and energy complex: competitiveness and sustainable developmentT. L. Savostova () and A. L. Biryukov Russian Journal of Industrial Economics, 2015, issue 1 Abstract: The problem of the availability and consumption of hydrocarbons are critical to any economy. As of 2014, the scale of production and consumption of energy resources there are three major energy powers – China, the U.S. and Russia, and the United Europe, matching its energy policy within the European Union. Global economic competition requires fuel and energy complex (FEC) of Russia to increase existing and potential competitive advantages of the industry through resource and innovative development based on the use of the resource and intellectual potential of the country. The prospect of further development of the sector depends on the extent to which advanced technologies will be implemented by public and private oil and gas companies, how, where and when will be developed, acquired and used advanced equipment. The need for this approach is due to the challenges facing the industry today, because of easily extractable oil is over, so the Russian energy sector is forced to move gradually to the production of hydrocarbons in much more difficult conditions. It inaccessible hydrocarbons in the Arctic, Western Siberia, etc., it is inevitable the emergence of new environmental problems and risks. In the current  environment, the strategic interests of Russia should be associated with the need for a common energy infrastructure in the border regions of Europe and Asia, international development energy and transport systems and to ensure non-discriminatory transit of energy. For Russia as a WTO member, become the most important task to improve competitiveness, to further strengthen cooperation in the field of international trade in products of the fuel and energy complex, a significant increase of economic efficiency of government, elements of the national economy at all levels, particularly related to the activities of the energy industry, with focus on ensuring economic security of the country and the achievement of national interests. Date: 2015 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ach:journl:y:2015:id:245 DOI: 10.17073/2072-1633-2015-1-4-8 Access Statistics for this article More articles in Russian Journal of Industrial Economics from MISIS |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.