Abstract

The relevance of the topic of the article is determined by the trends that have emerged in recent years, the diversification of primary energy sources and their suppliers in the EU countries, which, with increased competition in the energy markets, requires Gazprom to optimize the export of natural gas. Underground storage facilities for natural gas (UGS) are an important element of the company's export logistics. The purpose of the study was a systematic analysis of the problems, prospects and strategic directions of the development of underground gas storage facilities in the export of Russian gas to Europe. The role of UGS in the system of ensuring the sustainability and efficiency of contractual supplies of natural gas to consumers of the European Union (EU) is determined. The dynamics and forecast of the development of gas storage facilities of the Gazprom Group of Companies in European countries are determined. The dynamics and forecast of the development of gas storage facilities of the Gazprom Group of Companies in Russia and European countries are determined. The main UGS used by the Gazprom Group of Companies abroad are considered. The optimal solution for gas storage facilities with active use of natural gas in the energy balance of the countries is shown. The concept and directions of reconstruction of existing UGS based on digitalization of business processes of storage and selection of natural gas to consumers are justified. The prospects for the development of a system of intelligent underground natural gas storage facilities are determined. The seasonal balance of gas storage capacity in the EU countries is analyzed, including the assessment of gas filling and UGS productivity in the EU countries. On this basis, the necessary capacities of gas storage facilities to cover the peak demand for natural gas importing countries are justified. The article also traces the dynamics of changes in the gas storage capacities of the main natural gas importing countries of the Gazprom Group and the Central European countries for the period 2016–2020 and provides recommendations for their strategic development.

Highlights

  • Formation of the concept of eco-balanced development and the system of indicators of socio-economic assessment of the sustainable functioning of the Arctic economic zone in the context of the development of mineral resource potential

  • We have proposed a new model to evaluate Risk of Operation in the Northern Routes for Oil and Gas logistics that incorporates ecological and technological factors in order to minimize risk leading to higher profitability

  • This research proposes the creation of a digital technology integrated new value creation model for Oil and Gas companies operating in the Arctic

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Summary

Introduction

Formation of the concept of eco-balanced development and the system of indicators of socio-economic assessment of the sustainable functioning of the Arctic economic zone in the context of the development of mineral resource potential. The northern route, including Alaska, Canada, and Russia, is the shortest way to connect Europe and Asia This route has been, for most of modern history, covered by ice. Climate change has opened new parts of that route to transportation. Oil and gas companies can take advantage of these new routes to respond to changes in demand, in liquified natural gas, condensates, and oil products, due to the growing demand of Asian markets. This route has been proven safer than African routes because to lower piracy and better infrastructure than in African regions

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