MANAGEMENT OF ASSOCIATED PETROLEUM GAS: ENVIRONMENTAL AND ECONOMIC ASPECTS

Larisa Shakhovskaya and Victoria Timonina
Additional contact information
Larisa Shakhovskaya: Volgograd State Technical University, Lenin Avenue 28, 400005 Volgograd Russia
Victoria Timonina: Volgograd State Technical University, Lenin Avenue 28, 400005 Volgograd Russia

Noble International Journal of Economics and Financial Research, 2020, vol. 5, issue 7, 74-79

Abstract: Due to the underdevelopment of gas transportation infrastructure and the lack of accessible gas markets, associated gas produced along with oil is often pumped back into the formation to increase internal pressure, simply released into the atmosphere or burned by flares. This is a serious problem for the industry: it causes significant damage not only to the economy of oil-producing countries, but also to the environment. In some countries, under the conditions of licensing agreements for the development of oil fields, the mandatory level of associated gas utilization is clearly defined - 95% and the development projects provide for the creation of associated petroleum gas (APG) collection, fishing and transportation facilities. Violation of these rules, at least formally, threatens subsoil users with deprivation of licenses, and emissions of combustion products are punishable by fines. Given the many data and opinions of experts, there is a solution to the rational use of associated petroleum gas - to process.

Keywords: Associated Gas; Russia; Global Market; Environmental Factor; Economic Factor (search for similar items in EconPapers)
Date: 2020
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.napublisher.org/pdf-files/NIJEFR-5(7)-74-79.pdf (application/pdf)
https://www.napublisher.org/?ic=journal&journal=5&month=07-2020&issue=7&volume=5 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nap:nijefr:2020:p:74-79

Access Statistics for this article

Noble International Journal of Economics and Financial Research is currently edited by Dr. Elif Akben-Selcuk

More articles in Noble International Journal of Economics and Financial Research from Noble Academic Publsiher Flat 290 B N Block Model Town, Lahore, Punjab, Pakistan.
Bibliographic data for series maintained by Managing Editor ( this e-mail address is bad, please contact ).