Formation of State Support Mechanisms for the Integrated Use of Hydrocarbons

Abstract

The article offers an approach to the formation of state support mechanisms for investment projects of the Development Plan of gas and petrochemicals in Russia for the period till 2030, raw materials sources of which are hydrocarbons of Eastern Siberia and the Sakha Republic (Yakutia). The authors analyze state coordination problems for projects of gas and petrochemical clusters and commodity companies to ensure the comprehensive use of raw materials in the framework of resource mega project ‘East Siberian oil and gas complex’ (ESOGC). As a toolkit the study proposes to use the network model of the mega project investment program and simulation models for its effectiveness assessment. Analyzing financial flows of ESOGC investment projects the authors define directions to motivate the integration of financial resources of mining companies for projects realization in gas and petrochemical cluster and prove the necessity of interrelated target state preferences for mining and processing companies in different development scenarios of the ESOGC mega project

Keywords

• mega project
• East Siberian oil and gas complex
• gas and petrochemical cluster
• scenarios
• resource-calendar analysis
• performance indicators
• network model
• simulation model
• coordination of investment decisions
• integration of financial resources
• Eastern Siberia
• the Republic of Sakha (Yakutia)