Modern development of the oil and gas industry in Russia

Abstract

The relevance of the study is due to the fact that under the conditions of sanctions there are problems not only with the arrival of imported raw materials and goods to the Russian market for the uninterrupted process of industrial production, but also with the processes of supplying Russian oil and gas abroad. In this regard, the paper is aimed at identifying and analyzing exis ting and new opportunities for the full and efficient operation of Russian industry. The leading approach (or method) to studying the problem is deve loping measures for new sales and supply channels formation for the Russian oil and gas industry further development. Oil and gas products supply vo lumes abroad before and after sanctions implementation have been assessed. Based on the results of the study and scientists’ works, it has been concluded that in the future it will be necessary to continue the search for new ways of both supply and realization of oil and gas raw materials and products for the Russian industrial production stable operation in the near future.

Keywords

• regions
• industrial production
• economy
• oil and gas industry
• efficiency
• oil and gas complex