Strategic analysis of trends in the development of the Russian Far East gas industry

Abstract

Subject. The article investigates trends in the development of the gas industry of the Russian Far East. Objectives. The purpose is to undertake a strategic analysis of trends from the point of view of identifying factors and patterns that influence or likely to influence the gas industry development in the Russian Far East. Methods. Certain provisions of industrial strategizing, based on the general theory of strategy and strategizing methodology by Vladimir L. Kvint, a Foreign Member of the Russian Academy of Sciences, serve as the methodological basis of this study. In particular, I used my proven methodology for strategic analysis of trends in industry-specific strategizing. Results. I identified and analyzed the main groups of trends (global, regional, national, sectoral, and corporate) that correlate with the Russian Far East gas industry development. The study shows the existing and potential impact of each trend on the Russian Far East gas industry, more specifically, it defines strategic factors and patterns that have or are capable to have a stimulating or restraining effect on industry development. The paper outlines the existing and emerging strategic opportunities and strategic threats identified during the analysis. Conclusions. The findings will become the fundamental basis for the subsequent OTSW analysis and provide for the process of formulating strategic priorities for long-term development of the Russian Far East gas industry with necessary information about future prospects, strategic opportunities and threats.