Abstract
The article analyzes the problems of development of oil and gas industry enterprises, their import dependence in modern conditions. The essence and various aspects of the economic strategy of import substitution are considered, taking into account the industry specifics. It has been determined that the processes of import substitution are expedient only in cases when they provide a basis for sustainable development of industry, expanding opportunities for oil and gas enterprises capable of independent development with appropriate start-up support. The processes of import substitution in the activities of oil and gas industry enterprises should, as a result, ensure an increase in the use of advanced resource and energy saving technologies, especially in the field of oil and gas chemical industries. In modern conditions, the key area of import substitution operations can and should be the creation of small and medium-sized production of import-substituting goods on the basis of functioning large companies in the oil and gas industry.
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