The anti-sanctions model of the development of the oil industry and the export of oil and petroleum products

Abstract

In the article, the author analyzes the emerging transition of the country's oil industry to the mobilization type under the conditions of sanctions, examines the rapidly changing world market of oil and petroleum products. The subject of the study is the accelerated modernization of the oil industry, trends in the sale of Russian oil on the world market. The purpose of the article is to analyze the emerging anti–sanctions model of the development of the Russian oil industry and the export of oil and petroleum products on the basis of statistical data and an example of the development of vertically integrated oil companies, formulate recommendations to public administration bodies and business participants for the implementation of strategic plans of the state. Materials and methods. The methodological basis of the article consists of statistical methods, methods of analysis and synthesis for considering the role of the state in the development of vertically integrated oil companies, import substitution of the oil industry, systemic and structural-functional approaches for formulating proposals for the development of the Russian oil industry and the sale of Russian oil on the world market. Results. The analysis of statistical data on the extraction (production) and export of oil and petroleum products, the possibilities of stimulating mechanisms of the state are presented, proposals for further development and improvement of the oil industry are formulated. Conclusions. The results of the analysis of the process of transition of the country's oil industry to the mobilization type in the current conditions of sanctions and the activities of the state and business revealed the forced termination of cooperation with most developed countries in terms of oil and petroleum products exports and imports of equipment and technologies for oil production and refining. The proposals formulated by the author on the development of the oil industry will help minimize losses in the oil and petroleum products market and maintain the efficiency of oil industry enterprises. Application. The results obtained can be used to analyze trends in the development of the oil industry and the world market of oil and petroleum products.