Forecast and reality: the oil and gas complex of the irkutsk region

Bogomolova E.Yu.1, Novikov A.V.1
1 Байкальский государственный университет

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Journal paper

Russian Journal of Entrepreneurship *
Volume 19, Number 10 (October 2018)
* Этот журнал не выпускается в Первом экономическом издательстве

Citation:

Bogomolova, E. Y., & Novikov, A. V. (2018). Forecast and reality: the oil and gas complex of the irkutsk region. Russian Journal of Entrepreneurship, 19(10), 2943-2954. https://doi.org/10.18334/rp.19.10.39475

Abstract:
Despite a large number of works devoted to the study of the problems of the development of the domestic oil and gas complex, the regional specifics of the production and sale of oil and gas are reflected to a much lesser degree. Analysts focus on research of both the world and domestic oil and gas complex. In these works, materials on oil and gas reserves, volumes of their extraction, processing and sale, as well as directions of transportation of hydrocarbon resources are presented. However, the reviewed works affect regional features of the functioning of the oil and gas complex insignificantly. In the article presented, the authors attempted to eliminate this gap by analyzing the oil and gas complex using the example of one of the most promising regions of Russia for oil and gas production - the Irkutsk region. This article presents an analysis of some existing forecasts for the development of the oil and gas complex in the Irkutsk region, provides a critical assessment of them, presents a comparative analysis of the Irkutsk Oblast NGK development forecasts with actual data, and provides short-term forecasts.

Keywords: oil and gas complex, development forecast, Irkutsk region

JEL-classification: E27, Q35, L71

Highlights:

  • 1. Иркутская область обладает высоким ресурсным потенциалом в добыче нефти и природного газа.
  • 2. В связи с недостаточной геологической изученностью территории, прогнозировать объемы добычи нефти и газа в Иркутской области (с определенной точностью) возможно лишь в краткосрочной перспективе.
  • 3. Основным фактором, сдерживающим рост объемов добычи нефти и газа, является проблема с дополнительными инвестициями в геологическую разведку, поиск и освоение новых месторождений.

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