Abstract

The article examines a number of key areas of environmental policy of Vostokgazprom. The Associated Petroleum Gas program is an important step within the resource conservation and environmental protection framework. In addition, the company undertakes the extensive work on emergency response programs, and carries out continuous protection of the subsurface and control over environmental safety in all production sites. Vostokgazprom continuously modernizes the basic industrial facilities and invests money in new projects. The study analyzes the steps being taken by the company within the energy saving policy that leads to significant costs cut.

Highlights

  • Worldwide, energy and resource conservation is considered the first priority in sustainable development as it is intended to balance the economy and the sustainability of environment [1]

  • The development and implementation of resource efficiency programs [2] which are primary based on introducing new technologies aimed at reducing consumption of fuel and energy resources [3] are an integral part of environmental policy

  • Environmental protection implemented in accordance with the Environmental Policy of Gazprom and unified HSE program is among Vostokgazprom’s prioritized activities

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Summary

Introduction

Energy and resource conservation is considered the first priority in sustainable development as it is intended to balance the economy and the sustainability of environment [1]. About 70% of foreign exchange earnings of federal and constituent entity’s budgets of the Russian Federation directly or indirectly come from the natural resource sector. Due to these facts, the issue of energy and resource conservation occupies a central place in petroleum companies’ policies [6]. The petroleum industry recognizes that energy efficiency and resource conservation programs, including well-balanced environmental policies, can make a major contribution to optimal use of natural resources and reduction of environmental impact [7, 8]

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Conclusion

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