ISSN 1999-6942

Scientific-economic journal

PROBLEMS OF ECONOMICS

AND MANAGEMENT OF OIL AND GAS COMPLEX

December 2014                                        ¹ 12                 12 issues per year

 

CONTENŅS

 

THE CHIEF EDITOR'S COLUMN

 

Mastepanov A.M. RF – Japan: energodialogue in the conditions of the sanctions (p. 5-6)

 

ECONOMICS

 

Idigova L.M., Chaplaev H.G. Energy branch of the Chechen Republic: benchmarks of development (p. 6-10)

 

Glushenkova M.V., Mekheev Ye.V., Sudykin S.N., Valovsky K.V. Analysis of operational costs change depending on produced oil viscosity (p. 11-14)

 

Zaikovsky V.E. Assessment of new territory attrativeness for implementation of gas transportation projects (by the example of Sakha Republic (Yakutia)) (p. 15-19)

 

Kekayshkieva E.V. Estimation of the financing limit of exploration for oil at the cost of budgetary funds depending on the value of oil recoverable reserves (p. 20-29)

 

Lunden L.P., Fjaertoft D.B. The Role of Government Support for the Development of the Yamal LNG and Prirazlomnoe Projects (p. 29-35)

 

ORGANIZATION AND MANAGEMENT

 

Eryomina I.Yu., Dzhioeva F.A., Pogrebnyak N.V. Some specific features of foreign and domestic models of personnel audit (p. 36-41)

 

Sheveleva N.A. Optimization of the project management system of associated petroleum gas utilization (p. 42-50)

 

Salcheva S.S. Organizational-economic mechanism of state participation in implementation of investment projects of oil secondary refining (p. 50-54)

 

Tushavin V.A. Production system as an integrated system of quality management: the role of information technologies (p. 54-59)

 

ECONOMIC-MATHEMATICAL MODELING

 

Korotin V.Yu., Islamov R.T. Risk-based debt structure planning of an oil company (p. 59-65)

 

Information on the articles (p. 66-71)

 

 

Information on the articles

 

RF – JAPAN: ENERGODIALOGUE IN THE CONDITIONS OF THE SANCTIONS (p. 5)

 

Mastepanov Alexey Mikhailovich

 

Institute of Oil and Gas Problems of the Russian Academy of Sciences

3, Gubkin str., 119333, Moscow, Russian Federation,

E-mail: amastepanov@mail.ru

 

Order this article in the electronic library

 

UDC 620.9(470.661)

 

ENERGY BRANCH OF THE CHECHEN REPUBLIC:

BENCHMARKS OF DEVELOPMENT (š. 6)

 

Lalita Musaevna Idigova,

Husein Gelanievich Chaplaev

 

Chechen State Pedagogical Institute

33, Kievskaya str., 364051, Grozny, the Chechen Republic,

phone/fax: (8712) 33-24-03,

e-mail: L.idigova@mail.ru

 

The prospects and strategic benchmarks of the development of the energy sector of the Chechen Republic are considered, some specific features of the development of energy-saving and energy efficient technologies in the field of alternative energy in the region are analyzed. The article reveals the factors constraining the economic development of the Chechen Republic, including the lack of its own generating facilities. Power supply of the republic is accomplished at the expense of electric power inflows from neighboring regions and the electric power purchased by the guaranteeing supplier – JSC "NurEnergo" on the wholesale electricity market. Great technological and commercial losses while transmitting electrical energy have a negative impact on tariffs for end users of the Chechen Republic. Taking into account the fact that the republic possesses unique resources and great potential of alternative and renewable energy sources, one of the fastest and most effective ways of energy potential increase is the development of small electric power industry. Thus, there are all the prerequisites for solving the problems of increasing alternative energy capacities. This trend is of crucial importance for the Chechen Republic and, at the same time, serves as a significant contribution to the implementation of the Kyoto Protocol.

 

Key words: strategic benchmarks; development of the electric energy sector; the Chechen Republic; alternative energy sources.

 

Order this article in the electronic library

 

UDC 622.276.5.003

 

ANALYSIS OF OPERATIONAL COSTS CHANGE DEPENDING

ON PRODUCED OIL VISCOSITY (š. 11)

 

Mariya Viktorovna Glushenkova,

Yevgeny Vladimirovich Mekheev,

Sergey Nikolaevich Sudykin,

Konstantin Vladimirovich Valovsky

 

Tatar Oil Research and Design Institute – TatNIPIneft Institute of JSC ˝Tatneft˝ named after V.D. Shashin

32, M. Jalil str., 423236, Bugulma, Republic of Tatarstan, Russian Federation,

phone/fax: (85594) 78-551, (85594) 78-404,

e-mail: economy@tatnipi.ru

 

The paper considers the problem of oil production operating costs versus produced fluid viscosity. A number of methods have been attempted to evaluate variations in operating costs with viscosity increase. Moreover, potential areas for cost growth have been identified. This resulted in modeling a dependency expressed graphically and in the form of a formula reflecting the correlation between oil production operating costs and oil viscosity.

 

Key words: oil production; operating costs; viscosity; dependence; growth rate.

 

Order this article in the electronic library

 

UDC 553.982.004.82

 

ASSESSMENT OF NEW TERRITORY ATTRATIVENESS

FOR IMPLEMENTATION OF GAS TRANSPORTATION PROJECTS

(BY THE EXAMPLE OF SAKHA REPUBLIC (YAKUTIA)) (š. 15)

 

Viktor Eduardovich Zaikovsky

 

National Research Tomsk Polytecnical University

30, Lenin prosp., 634050, Tomsk, Russian Federation,

phone: +7 (3822) 60-31-22,

e-mail: zv@gtt.gazprom.ru

 

The article summarizes the key parameters of attractiveness of the territorial market, developed by an organization. The key parameters are grouped according to five criteria: the prospects of demand at the territorial market, the prospects of return on assets and products (services) profitability, the investment attractiveness of the territory, social and image factors, the level of the environment instability. Some mechanism of assessing the attractiveness of territories, the formula of the market attractiveness calculation, the risk classification methodology – "ELLIPS-PrO" matrix is proposed. The assessment of the promising market on the example of the Republic of Sakha (Yakutia) – the territory of the construction of "Sila Sibiri" export pipeline is performed.

 

Key words: territorial market; attractiveness assessment; instability degree; risks.

 

Order this article in the electronic library

 

UDC 550.8.003.1:622.323

 

ESTIMATION OF THE FINANCING LIMIT OF EXPLORATION

FOR OIL AT THE COST OF BUDGETARY FUNDS DEPENDING ON THE VALUE

OF OIL RECOVERABLE RESERVES (š. 20)

 

Elizaveta Viktorovna Kekayshkieva

 

"All-Russian Research Geological Oil Institute" ("VNIGNI")

36, Enthuziastov shosse, 105118, Moscow, Russian Federation,

phone: (495) 673-05-71,

e-mail: _veta_@bk.ru

 

Exploration work is a complex multilevel process that requires significant capital expenditures. At present prospecting-evaluation and exploration works are almost completely conducted at the expense of subsoil users’ budget while the state’s share of these works financing is extremely low.

The necessity of significant increase of geological-prospecting work execution by the state is shown and economically feasible funding limit is defined with the example of two structures "K-1" and "K-II" located in Krasnoyarsk territory. A small deposit (with recoverable reserves up to 15 mln tons) is expected to be discovered in the "K-1" identified structure, while the revealed "K-II" structure is to contain an average deposit (with recoverable reserves from 15 up to 60 mln tons). Some differential approach to the definition of the limit of financing exploration geological prospecting activities conducted by the is demonstrated thus leading to some raise in the investment attractiveness of licensed geological objects and to increase of the government’s profit in the form of initial payments and the moment approaching of tax payments being the result of putting the fields into development.

The method of calculation of financing limit of geological-prospecting works for oil is proposed.

 

Key words: geological-prospecting work; subsoil user; financing limit; initial payments; auction; decision tree; conversion factor; infrastructure.

 

Order this article in the electronic library

 

UDC 622.276.336.2

 

THE ROLE OF GOVERNMENT SUPPORT FOR THE DEVELOPMENT

OF THE YAMAL LNG AND PRIRAZLOMNOE PROJECTS (š. 29)

 

Lars Petter Lunden,

Daniel Buikema Fjaertoft

 

Sigra Group AS

8, Fagerheimgata str., 0567, Oslo, Norway,

phone: +47-91-61-15-15,

e-mail: lars.lunden@sigragroup.com, daniel.fjaertoft@sigragroup.com

 

This article identifies, quantifies and evaluates tax breaks to two upstream oil and gas developments in the Russian Arctic: Yamal LNG and Prirazlomnoe. Using Sigra Group’s RusTax-model and information collected from publicly available sources, the analysis demonstrates how the measures of government support to the two projects have altered their economics and discusses whether the overall benefits of such developments outweigh their overall costs.

 

Key words: Russia; oil; gas; taxation; tax breaks; Yamal LNG; Prirazlomnoe.

 

Order this article in the electronic library

 

UDC 622.323:658.3

 

SOME SPECIFIC FEATURES OF FOREIGN AND DOMESTIC MODELS

OF PERSONNEL AUDIT (š. 36)

 

Irina Yurevna Eryomina,

Fatima Alanovna Dzhioeva,

Natalia Valentinovna Pogrebnyak

 

I. Gubkin Russian State University of Oil and Gas

65, Leninsky prosp., 119991, Moscow, Russian Federation,

phone: (499) 135-75-66,

e-mail: irinargung@mail.ru, dzhioevafatima@mail.ru

 

Labor economy problems have got and are going to increase actuality due to awareness of labor resources exclusive importance in successful development of a modern company as well as understanding of their crucial role for a victory in a competitive fight in the Russian science and practice. Modern requirements for environment and intra-organizational conditions indicate increase in understanding the importance of human resource management in the Russian companies, testify to existence of serious discrepancies in this sphere and dictate the need of changes in organization and implementation of activities related to human resource mana­gement of a company. That’s why a majority of the companies have already endured, are enduring or being on the verge of reforming their activity in the field of human resource management. Realization of these transformations requires clear idea about the areas of discrepancy and the degree of their expressiveness. In this regard today the problem of carrying out personnel audit, the most effective diagnosing of so significant sphere of organizational functioning, is particularly acute. That’s why the subject of personnel audit development becomes very actual and so demanded.

 

Key words: personnel audit; advantages of personnel audit models; information streams in personnel audit; personnel audit function; problems while realizing personnel audit models.

 

Order this article in the electronic library

 

UDC 553.982.004.82

 

OPTIMIZATION OF THE PROJECT MANAGEMENT SYSTEM

OF ASSOCIATED PETROLEUM GAS UTILIZATION (š. 42)

 

Nadezhda Alexandrovna Sheveleva

 

I. Gubkin Russian State University of Oil & Gas

65, Leninsky prosp., 119991, Moscow, Russian Federation,

e-mail: nadya.sheveleva@gmail.com

 

The scientific article considers problems relating to reorganization of project management system dealing with associa­ted petroleum gas utilization. The necessity of revising mechanisms of managerial controls in accordance with the project strategic objectives is justified and proposed for implementation. Some software, developed by the author of the article and designed for integrated evaluation of the projects of associated petroleum gas utilization as well as for selection of the best variant for the field under study is analyzed in the view of being one of the instruments of some modern managerial system.

 

Key words: associated petroleum gas; project management; management systems; management automation; business-processes; expert evaluation; associated petroleum gas utilization; rational use; strategic planning.

 

Order this article in the electronic library

 

UDC 622.24.003

 

ORGANIZATIONAL-ECONOMIC MECHANISM OF STATE PARTICIPATION

IN IMPLEMENTATION OF INVESTMENT PROJECTS

OF OIL SECONDARY REFINING (š. 50)

 

Salcheva Stefka Salcheva

 

Ukhta State Technical University

13, Pervomaiskaya str., 169300, Ukhta, Russian Federation,

phone: 8 (8216) 77-45-04,

fax: 8 (8216) 77-44-46,

e-mail: ss.salcheva@mail.ru

 

To ensure the financial feasibility and assessment of the budget effectiveness of long-term investment projects of refining industry the author of the present article developed some organizational-economic mechanism of a state's participation in the projects of construction of plants of oil secondary refining. The mechanism is aimed at determining of an appropriate amount of public co-investment into development of oil deep processing of on the basis of the developed aggregated quality index of oil products. The proposed organizational-economic mechanism of a state involvement in the implementation of investment projects of introduction of processes of oil secondary refining involves the following stages: system monitoring, selection of efficient refineries, consideration of investment projects of oil secondary refining and the final stage that envisages substantiation and investment decision-making, involving determination of a state co-investment amount based on the quality of oil products, their transformation into investments at the level of an individual refinery and the assessment of their budget efficiency.

 

Key words: construction phase of plants of oil secondary refining; operational stage; efficiency of state participation in investment projects; updated method of collecting excise; method of excise calculation, being in force at present; financial feasibility of investment projects of oil refining industry.

 

Order this article in the electronic library

 

UDC 658.5.011

 

PRODUCTION SYSTEM AS AN INTEGRATED SYSTEM OF QUALITY MANAGEMENT:

THE ROLE OF INFORMATION TECHNOLOGIES (š. 54)

 

Vladimir Alexandrovich Tushavin

 

Saint Petersburg State University of Airspace Instrumentation

67, Letter A, Bolshaya Morskaya str., 190000, St.-Petersburg, Russian Federation,

e-mail: tushavin@gmail.com

 

Evolutionary development of the management system has given rise to such economic phenomenon as a production system based on integrated quality management system. At the same time, recognizing the fact that the integrated management system is based on three pillars such as processes, information technologies and people, the place of information technologies in the development of the production system remain controversial. This article discusses current approaches to the construction of a production system based on integrated quality management system. The role of information and communication technologies in solving the problem of the successful implementation of production systems through automation of key business-processes, based on the ISO 9001 is analyzed. A compliance table meeting the requirements for an integrated system of quali­ty management and information systems to support these requirements and to manage these systems problems is developed. As a technique of information systems implementation and production system development, we propose a situational design approach to the automation of key business-processes.

 

Key words: quality management system; integrated quality management system; information technologies; production system.

 

Order this article in the electronic library

 

UDC [622.32+622.24]:658.152

 

RISK-BASED DEBT STRUCTURE PLANNING OF AN OIL COMPANY (š. 59)

 

Vladimir Yurievich Korotin

 

JSC NK ˝ RussNeft˝

69, Pyatnitskaya str., 115054, Moscow, Russian Federation,

phone: 8(495) 411-63-09,

e-mail: korotinvy@russneft.ru

 

Rustam Talgatovich Islamov

 

ANO ˝ International Nuclear Safety Center of the Russian Ministry of Nuclear Energy˝

2/8, Malaya Krasnoselskaya str., 107040, Moscow, Russian Federation,

phone: +7 (499) 263-13-90,

e-mail: rustam.t.islamov@gmail.com

 

The article studies some problems relating to management of an oil company debt in conditions of prices fall and ruble course volatility depending on various criteria. The problem of natural hedging effect on an oil company’s financial statements with account of specifics of the Russian taxation regime is studied. Five types of strategies for accounting of currency and market risks and the effect they produce on financial result are discussed. It is shown how debt structure finance strategy depends on applied criteria. Article employs mathematical apparatus of stochastic processes theory.

Numerical modeling is used to describe possible strategies while planning debt structure of an oil company depending on the applied criteria.

 

Key words: debt optimization; risk-based planning; uncertainty analysis; Monte-Carlo method; probability estimation; stochastic processes.

 

Order this article in the electronic library

 

 

JSC "ALL-RUSSIAN SCIENTIFIC-RESEARCH INSTITUTE OF ORGANIZATION, MANAGEMENT AND ECONOMICS OF OIL AND GAS INDUSTRY"

Main page of journal