Abstract

Development of hydrocarbon resources in the Arctic is one of the priority tasks for the economy of the Russian Federation; however, such projects are associated with significant risks for the environment of nearby regions. Large-scale development of hydrocarbon resources in the Arctic should be based on the principles of sustainable development, which imply a balance between socio-economic benefits and environmental risks. The purpose of this study is to analyze the gaps in scientific knowledge on the issues of assessing sustainability of Arctic oil and gas projects (OGPs) and systematize the key problematic elements of such assessments. The analysis was carried out in terms of four key elements that determine the feasibility of implementing Arctic OGPs in the context of sustainable development: economic efficiency, social effects, environmental safety and technological availability. The methodology for conducting bibliometric analysis, which included more than 15.227 sources from the Scopus database over the period of 2005-2020, was based on PRISMA recommendations for compiling systematic reviews and meta-analyses. Methodological problems of assessing sustainability of Arctic OGPs were mapped and divided into four key sectors: consideration of factors that determine sustainability; sustainability assessment; interpretation of assessment results; sustainability management. This map can serve as a basis for conducting a series of point studies, aimed at eliminating existing methodological shortcomings of the sustainable development concept with respect to Arctic OGPs.

Highlights

  • Green governance and sustainability reporting in kazakhstan's oil

  • Shvarts E.A. Assessment of environmental responsibility of oil and gas companies in Russia: the rating method / E.A.Shvarts, A.M.Pakhalov, A.Y.Knizhnikov // Journal of Cleaner Production

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Summary

10. Circum-Arctic resource appraisal

Estimates of undiscovered oil and gas north of the Arctic Circle / K.J.Bird, R.R.Charpentier, D.L.Gautier et al // US Geological Survey. 2008. Geology and hydrocarbon resources of the continental shelf in russian arctic seas and the prospects of their development /. Sustainable development as a global-Arctic matter: imaginaries and controversies / B.Kristoffersen, O.Langhelle // Governing Arctic Change. Factors influencing future oil and gas prospects in the Arctic / T.Harsem, A.Eide, K.Heen // Energy Policy. Dynamic capabilities in the upstream oil and gas sector: Managing generation competition / A.Shuen, P.F.Feiler, D.J.Teece // Energy Strategy Reviews. Desa U.N. Transforming our world: The 2030 agenda for sustainable development. Sustainable development: Meaning, history, principles, pillars, and implications for human action: Literature review /. The impact of energy resources on social development in Russia / N.Didenko, D.Skripnuk // Energy Production and Management in the 21st Century: The Quest for Sustainable Energy.

33. Green economy and related concepts
49. Life-cycle production optimization of hydrocarbon fields
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