Abstract

The paper is devoted to the study of industrial production of natural gas in the regions of the North and Arctic of the Russian Federation and the prospects for its implementation in the market of the European Union. It is shown that the main production is concentrated in the Yamal-Nenets Autonomous district, where up to 75% of the total gas production is produced. Gas is transported both by means of a well-developed pipeline network connecting the Yamal Peninsula with European countries, and in a liquefied state, using gas carriers of the appropriate ice class. At the same time, despite all the efforts of the EU countries to reduce energy consumption, gas consumption is growing. This is due to the decline in production within the Union itself, as well as the desire to use more environmentally friendly energy sources. The analysis conducted in the course of the study showed that Qatar and Russia can actually increase the volume of deliveries in the near future. These exporters have a number of advantages that, in our opinion, will allow them to increase their presence in the energy market of the EU countries - significant reserves of natural gas, availability of production capacity, opportunities to increase the volume of transportation, and the most attractive price for end users.

Highlights

  • The EU has 27 member States, which account for up to 25% of global GDP

  • The largest energy supplier to the EU is the Russian Federation, which accounts for about 35% of the total volume of natural gas consumed by the Union countries

  • The main part of production falls on the regions of the North and the Arctic zone of the Russian Federation, which are characterized by severe natural and climatic conditions of life [4]

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Summary

Introduction

The EU has 27 member States, which account for up to 25% of global GDP. The largest energy supplier to the EU is the Russian Federation, which accounts for about 35% of the total volume of natural gas consumed by the Union countries. Given the significant reduction in gas production in the EU countries, as well as the rejection of coal, the demand for natural gas will continue to grow, even despite climate change. The struggle for the EU market, between the main natural gas producers – Algeria, Qatar, Norway, Russia and the United States, will continue. The main part of production falls on the regions of the North and the Arctic zone of the Russian Federation, which are characterized by severe natural and climatic conditions of life [4]

Industrial production of natural gas in the Russian Federation
Industrial production of natural gas in the EU
Findings
Main natural gas suppliers and their prospects in the EU market
Full Text
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