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IMPORT SUBSTITUTION PROCESS MANAGEMENT IN OIL AND GAS INDUSTRY OF RUSSIA IN THE CONTEXT OF IMPOSED SANCTIONS

УПРАВЛЕНИЕ ПРОЦЕССОМ ИМПОРТОЗАМЕЩЕНИЯ В НЕФТЕГАЗОВОЙ ОТРАСЛИ РОССИИ В УСЛОВИЯХ САНКЦИЙ

Maryunina Irina (Марюнина И.Н.)
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Maryunina Irina (Марюнина И.Н.): South Business Unit of Gazprom Gas-Engine Fuel Ltd.

State and Municipal Management Scholar Notes, 2020, vol. 4, 35-41

Abstract: The article deals with import substitution policy implementation in oil and gas industry of Russia in the context of sanctions rollout in 2014. The reasons of origin of infrastructure dependence of national oil and gas sector from the import were analyzed. Main foreign suppliers of equipment and technologies and national producers involved in import substitution process were disclosed. There is a buoying factor that a wide range of import substitution stimulating measures were taken both by major oil and gas companies and national government. Meanwhile main problems standing on the way of import substitution process implementation are identified and solution approaches are offered.

Keywords: import substitution; oil and gas industry; import dependency; foreign suppliers; national producers; corporate measures; state support; import substitution programs; preventing import substitution factors; stimulating import substitution measures (search for similar items in EconPapers)
Date: 2020
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