Abstract

The shifting of the oil extraction industry to the remote areas that are far from the regions with a developed petrochemical and oil refining industry implies high risks for the economic development of the latter. In the future, these enterprises may face risks of raw materials supply. So, some measures are needed to smooth out the spatial polarization of the territory in the future. For the transformation of the region’s economy, it is proposed to present the Republic of Bashkortostan as an experimental test area for the artificial hydrocarbons production for the further production of an expanded range of commercial products, including composite propellant (mixed fuel). The potential participants of the experiment are discussed in the article. For example, Chishminsky Oil Extraction Plant, which recently produces rapeseed oil and exports to the countries of the European Union and China for the production of biodiesel. For the production of ethanol, it is also proposed to use the production facilities of “Bashspirt”, located in the region. At the production site of such enterprises as the Branch of “Bashneft”, it is possible to produce various nomenclature of commercial products based on oil in concentration with artificial hydrocarbons from vegtative raw materials.

Highlights

  • The economic situation in 2020 showed the intentions of the European oil and gas companies, in their strategic investment projects, in favor of the development of lowcarbon business lines

  • The low-carbon development involves the transformation of the economy, which covers such sectors as transport, agriculture, energy, construction and other sectors of the national economy

  • To analyze the production of the renewable energy resources based on biomass, statistical data from the International Energy Agency and the Department of Energy USA were used

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Summary

Introduction

The economic situation in 2020 showed the intentions of the European oil and gas companies, in their strategic investment projects, in favor of the development of lowcarbon business lines. The low-carbon development involves the transformation of the economy, which covers such sectors as transport, agriculture, energy, construction and other sectors of the national economy It is worth noting, that such companies as "Repsol", "Equinor", "BP", "Shell", "Total" announced the diversification of the production in favor of the "green" technologies. According to the data, which are provided [1], one of the main goals of "BP" is to increase the biofuel production from 22 thousand to more than 100 thousand barrels per day These intentions may be caused by the striving to decrease the world oil prices, as well as to develop the "green" technologies in the sphere of artificial hydrocarbons, contributing to the reduction of the consumption of traditional oil. The Republic of Bashkortostan is one of the examples of such development of events in the economy

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