Abstract
The article describes the main features of Russia’s position in the traditional and promising oil markets of Europe and China in the context of the importance of oil and gas income in the country’s economy in the formation of the Federal budget of the Russian Federation. The resource base of the eastern direction of oil transportation “Polar region - Eastern Siberia - Pacific Ocean” is evaluated and the geo-economic feasibility of increasing oil supplies to China is justified. At the same time, the developed resource base the West Siberian oil and gas province will not be enough to ensure growing supplies in the east while maintaining the level of oil exports to Europe. Therefore, the task is to develop oil energy resources in the Arctic.
Highlights
The main features of Russia's energy policy have been systematically refined over the past 50-60 years
75% of 3.5 billion tons of recoverable reserves have been developed; in 2018, production amounted to 19.3 million tons. During this period oil and gas tools gradually became one more unique method to the traditional methods of regulating international relations with Western Europe - oil and gas by the end of the XX century were so organically implemented into the daily life of Europeans that have become such an integral part of the national security of Europe that disruptions in the supply of energy resources could lead to both economic and social collisions
Russian exports remain at approximately the same level - over the past five years, there has been a decline in raw oil exports by 20-22 million tons per year and an increase in supplies of petroleum products by the same amount
Summary
The main features of Russia's energy policy have been systematically refined over the past 50-60 years. 75% of 3.5 billion tons of recoverable reserves have been developed; in 2018, production amounted to 19.3 million tons During this period oil and gas tools gradually became one more unique method to the traditional (military-political) methods of regulating international relations with Western (and in Eastern, despite joining the Soviet bloc) Europe - oil and gas by the end of the XX century were so organically implemented into the daily life of Europeans that have become such an integral part of the national security of Europe that disruptions in the supply of energy resources could lead to both economic and social collisions. Under these conditions, Russian exports remain at approximately the same level - over the past five years, there has been a decline in raw oil exports by 20-22 million tons per year and an increase in supplies of petroleum products by the same amount. The main capacities of oil transportation to Europe remain unloaded; in 2018, the utilization of pipeline capacities (Druzhba oil pipeline) amounted - 73.5% and port capacities - 67% [5] (Table 1)
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