Problems of Economics and Management of Oil and Gas Complex

Alexey Mikhailovich Mastepanov, Dr. of economic sci., professor of National University of Oil and Gas "Gubkin University", academician of the Russian Academy of Natural Sciences (RANS), the Head of the Analytical Center of Energy Policy and Safety of the Oil and Gas Research Institute Russian Academy of Sciences (IPNG RAS), a member of the Board of Directors of the Energy Strategy Institute,

Andrey Mikhailovich Sumin, Cand. of law sci., leading researcher

Oil and Gas Research Institute Russian Academy of Sciences (OGRI RAS)

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

e-mail: amastepanov@mail.ru, andrey-sumin@rambler.ru

The article marks the place of digitalization among the processes that determine the course of globalization at the moment. Emphasis is placed on the role of digitalization in the transformation and modernization of the energy sector. The specifics of the digitalization of the oil and gas sector are exposed. New opportunities that digitalization opens up for the Russian economy are described. The challenges are analyzed, and the problems that digitalization poses for the Russian economy as a whole and for the Russian fuel and energy complex in particular are identified. The international experience of introducing digital technologies in the oil and gas sector is considered and the applicability of this experience in the Russian energy sector is analyzed taking into account its specificity. The risks and conflicts of interests associated with the introduction of digital technologies in the Russian energy sector and related sectors of the national economy are listed, and ways to solve the problems arising in this connection are proposed.

Keywords: globalization; digitalization; modernization; energy security; oil and gas sector.

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UDC 551.762:551.763+553.981/.982 (571.121/.511) DOI: 10.33285/1999-6942-2019-9(177)-14-20

MONITORING THE FULFILLMENT OF LICENSE OBLIGATIONS
BY SUBSOIL USERS IN KRASNOYARSK TERRITORY, IRKUTSK REGION
AND THE REPUBLIC OF SAKHA (YAKUTIA) (p. 14)

Elena Nikolaevna Kuznetsova, researcher,

Sergey Alexandrovich Moiseev, Cand. of geol.-mineral. sci., Head of the Laboratory,

Alevtina Olegovna Gordeeva, Cand. of geol.-mineral. sci., research scientist,

Larisa Nikolaevna Konstantinova, Cand. of geol.-mineral. sci., senior researcher,

Irina Viktorovna Filimonova, Dr. of economic sci., Professor, Head of Laboratory,

Andrei Mikhailovich Fomin, Cand. of geol.-mineral. sci., senior research scientist

Trofimuk Institute of Petroleum Geology and Geophysics SB RAS

3, Koptug prosp., Novosibirsk, 630090, Russian Federation,

e-mail: KuznetsovaEN@ipgg.sbras.ru, MoiseevSA@ipgg.sbras.ru, GordeevaAO@ipgg.nsc.ru, KonstantinovaLN@ipgg.sbras.ru, FilimonovaIV@list.ru, FominAM@ipgg.sbras.ru

The paper discusses the statistics on the license obligations fulfillment by subsoil users regarding the terms and volumes of geological exploration works since the period from the beginning of the state "Program of geological study and provision of hydrocarbon deposits for use in the Eastern Siberia and the Republic of Sakha (Yakutia)" – from 2005 and until the end of 2018. Summarizing all the available information, a classification of the companies’ fulfillment of their licensing obligations at each license site was proposed and the companies’ activities in the field of development of the subsoil fund in Krasnoyarsk territory, Irkutsk region and the Republic of Saha (Yakutia) was analyzed on its basis. It is shown that the majority of subsoil users fulfill their license obligations. This occurs mainly due to large companies. The contribution of small and medium-sized businesses does not exceed 20 % and, alternately, the group of subsoil users that failed to carry out the exploration work in time included the companies that mainly possess only one site. The data characterizing the overall subsoil fund market in the region are presented: distribution according with the number and type of licenses in the constituent entities of the Russian Federation, the share of the territory as well as the number and degree of subsoil users, participation occupied by them.

Keywords: Krasnoyarsk territory; Irkutsk region; The Republic of Sakha (Yakutia); hydrocarbons; subsoil use; distributed subsoil fund; statistics; license obligations.

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UDC 330.322 DOI: 10.33285/1999-6942-2019-9(177)-21-31

BUSINESS AND METHODOLOGICAL GROUNDS
OF INVESTMENT VALUATION OF BUSINESS PROJECTS (p. 21)

Boris Dmitrievich Promyslov, Dr. of economic sci., Professor

National University of Oil and Gas "Gubkin University"

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

Restructuring of the business and investment business projects developed on its basis require a large investment of money and, accordingly, the necessary evaluation of investment decisions. In this case, the value of the funds attravted are the material, labor and financial resources. The difference in their own and external sources of funds create different conditions for their attraction. This affects the assessment of the effectiveness of various business projects being developed. These projects can be either individual or interrelated, thus causing certain differences in the methodology in terms of their economic efficiency assessment. In this case, the multi-purpose nature of investment activity and, accordingly, the nature of business projects being developed respectively determine the specific methodological requirements for evaluating their economic efficiency.

Keywords: business projects; investments; economic efficiency; payback period; internal rate of return; net present value; capital investment; cash flows.

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UDC 656+658.7 DOI: 10.33285/1999-6942-2019-9(177)-32-37

NEW TRENDS IN THE BUNKER FUEL MARKET (p. 32)

Pavel Borisovich Katyukha, Cand. of economic sci., assistant professor of the Department of Energy Trading and Logistics

National University of Oil and Gas "Gubkin University"

65, bld. 1, Leninsky prosp., Moscow, 119991, Russian Federation,

e-mail: katioukha.p@gubkin.ru

Petr Valerievich Tsvetkov, commercial director

LLC "Standart Resource Group"

2/1, 1st Novopodmoskovnyy per., Moscow, 125171, Russian Federation

The paper continues a series of the authors’ publications, that reveals the urgent and important themes of hydrocarbons international trading in the world bunker fuel market. The paper discusses the current state of the bunker fuel market and new trends in bunkering in the form of liquefied natural gas (LNG) development and the transition to this type of fuel. It was determined that the main change of the EU refineries activities was the need to reduce the sulfur content in the bunker fuel. It is revealed that, despite the foreign experts’ forecasts, the Russian oil refineries and shipping companies are ready shift to low-sulfur fuels. The authors also offer possible scenarios of the events that meet the new world standards, analyze the current economic situation.

The paper is meant for experts in the field of oil trading, transportation and logistics support, freight, bunkering, forwarding services as well as for кstudents of engineering and economic faculties of higher educational institutions.

Keywords: international hydrocarbons trade; navy (tanker fleet); bunker market; shipowner; bunker fuel; logistics support; international shipping; heavy fuel; light fuel; oil trade streams; bunker vessel; linear navigation; transit traffic of ships.

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UDC 338.984+622.691 DOI: 10.33285/1999-6942-2019-9(177)-38-50

IMPROVEMENT OF THE RUSSIAN ENERGY ECONOMY EFFICIENCY
THROUGH THE INTEGRATED MANAGEMENT OF DEMAND
FOR ELECTRICITY AND GAS (p. 38)

Anatoly Petrovich Dzyuba, Cand. of economic sci., senior researcher of the Department "Finance, Money Circulation, Credit" (Higher School of Economics and Management)

South Ural State University (National Research University)

76, room 310, Lenin prosp., Chelyabinsk, 454080, Russian Federation,

e-mail: dzyuba-a@yandex.ru

The paper is devoted to the study of the trends aimed at increasing the Russian energy efficiency by managing the energy consumption demand. The materials comparatively assess the calculations of the energy efficiency indicators of the Russian economy and the world countries. Based on the demand parameters of power consumption in Russia and in the world, a comparison is made of the demand characteristics unevenness within annual, weekly and daily periods, on the basis of which it is concluded that there are reserves for increasing the energy efficiency in Russia through the use of a power demand management mechanism. The paper analyzes the types of power plants that ensure the balance of electrical energy in various countries around the world, revealing the peculiarities of the structure of the base electrical loads provision in Russia, which manifests itself in a high portion of natural gas used to generate electricity. The paper analyzes the technological specific features of the processes of production, transmission, distribution and consumption of natural gas in Russia, which resulted in making a conclusion about similar characteristics of the processes of electricity and natural gas circulation within the domestic fuel and energy complex, thus making it possible to predict the possibility of joint demand management for the energy resources. The materials systematized the economic effects of managing the demand for the consumption of electrical energy and natural gas at various levels of management, thus providing a conclusion about the relevance and practical effectiveness of the results obtained in the research process and the necessity of carrying out further developments in the specified subject area.

Keywords: demand for electricity consumption; demand for gas consumption; uneven demand; electric intensity; integrated demand management; energy efficiency; electric power industry of Russia; gas industry of Russia.

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UDC 622 DOI: 10.33285/1999-6942-2019-9(177)-51-60

LOGISTICAL ASPECTS OF OIL AND OIL PRODUCTS
TRANSPORTATION IN THE RUSSIAN TRANSPORT SYSTEM:
CURRENT SITUATION AND PROSPECTS (p. 51)

Daria Yurievna Golyzhnikova, junior researcher of the Laboratory of Analysis and Prediction of Transporttion-Logistic systems of IPN RAS, post-graduate student of the Faculty of International Energy Business

Institute for National Economic Forecasts of the Russian Academy of Sciences (NEF RAS)

47, Nakhimovsky prosp., Moscow, 117418, Russian Federation

National University of Oil and Gas "Gubkin University"

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

e-mail: dariagol@ecfor.ru, dariagolyzhnikova@gmail.com

The international energy market depends on reliable transportation. Transportation and storage in the oil and gas industry refers to the transfer of crude oil from oil fields (where oil is extracted) to refineries (where oil is further processed), as well as to storage facilities (where oil products are stored for further distribution). The transportation and storage industry are a very complex system. In the crude state, oil is transported by two main types of transport: sea (inter-regional waterways) and pipeline (through which most of the oil passes, at least, a part of the route). Pipelines are the most efficient, economical and environmentally friendly means of transporting crude oil and petroleum products by land.

Despite the technological possibilities of laying a pipeline on the seabed, this process is economically and technically complex. As a result, transportation and storage represent a complex of different processes that include strict inspections, strict compliance standards, rules developed as a result of the industry initiatives and government mandates for a pipeline design, construction and maintenance, as well as the selection of qualified personnel. Besides, the safety, efficiency, body strength and integrity of a pipeline in the marine environment are major challenges, especially accounting for such environmental problems as fires, oil spills and oil leaks. Under these conditions, the only possible way to transport crude oil and oil products by the sea is the marine transport use. At the same time, the use of maritime transport for oil and oil products transportation is associated with geographical, economic and infrastructure barriers. The above-said determines the need to analyze the current state and prospects of crude oil and oil products transportation by the sea through the seaports of the Russian Federation.

Keywords: marine transport; pipeline transport; oil products; crude oil; transportation; transport infrastructure; seaports.

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UDC 331.101 DOI: 10.33285/1999-6942-2019-9(177)-61-65

DEVELOPMENT OF A COMPLEX EVALUATION PROCEDURE
OF THE PERSONNEL LEVEL OF TRAINING IN THE OIL AND GAS COMPANY
(p. 61)

Mariya Sergeevna Bondarenko, post-graduate student

National University of Oil and Gas "Gubkin University"

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

e-mail: 4000590@gmail.com

The paper analyzes the development of the project "Implementation of a competence-based approach to personnel training in all segments of a Company's business", the purpose of which is to develop a methodology and instruments to determine the current and target levels of personnel training for various business segments of PJSC "NK "Rosneft" and, based on corporate and technical competencies, to form corporate training plans for personnel aimed at achieving target levels of training, thereby ensuring increased efficiency of the company’s activities. Within the framework of this project, it was intended to assess the professional-technical competencies of the personnel of the company and its subsidiaries. The relevance of this topic is associated with the development of an integral value algorithm of competency assessment for classifying the actual level of a specialist training and monitoring of the overall dynamics of the technical competencies level.

Keywords: competence approach; corporate competencies; technical competencies; personnel training; personnel assessment; competency models; corporate training plans; competency development map.

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UDC 657.1:332.1 DOI: 10.33285/1999-6942-2019-9(177)-66-69

MODERN TENDENCIES OF NON-FINANCIAL REPORTING
OF OIL AND GAS COMPANIES IN THE FIELD OF SUSTAINABLE DEVELOPMENT
(p. 66)

Svetlana Vasilyevna Kibovskaya, Cand. of economic sci., Associate Professor

National University of Oil and Gas "Gubkin University"

65, bld. 1, Leninsky prosp., Moscow, 119991, Russian Federation,

e-mail: kibsv@mail.ru

The article provides an overview of the latest trends affecting the development of non-financial reporting and its future prospects for oil and gas companies. The international organizations of the UN system Orient the States and business to advance to the Sustainable development goals–2030, to conduct regular monitoring of achievements in this area and to disclose information about the results. According to the review, the current trends are such that economic performance indicators are considered in relation to indicators of social and environmental performance and quality of management. The assessment of current trends, in our opinion, will help to improve the efficiency of writing a non-financial report by Russian oil and gas companies.

Keywords: corporate social responsibility; sustainable development; non-financial reporting; non-financial report; global reporting initiative (GRI); ESG-factors.

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THE 75th ANNIVERSARY SINCE THE BIRTHDAY
OF E.V. ZAITSEV (p. 70)

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NATIONAL UNIVERSITY OF OIL AND GAS "GUBKIN UNIVERSITY"

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