Open AccessOIL INDUSTRY DEVELOPMENT TRENDS IN THE RUSSIAN FEDERATION
Author(s) -
A.N. Degtyarev
Publication year - 2020
Publication title -
vestnik ugntu. nauka, obrazovanie, èkonomika. seriâ èkonomika
Language(s) - English
Resource type - Journals
ISSN - 2541-8904
DOI - 10.17122/2541-8904-2020-3-33-18-27
Subject(s) - russian federation , productivity , environmental science , production (economics) , oil production , petroleum industry , produced water , fossil fuel , industrial production , gross domestic product , agricultural economics , pulp and paper industry , environmental protection , agricultural science , business , environmental engineering , petroleum engineering , waste management , engineering , economics , economic growth , economic policy , keynesian economics , macroeconomics
In the structure of the gross domestic product of the Russian Federation, industry accounts for about 36 %, including: manufacturing – 18 %, mining - 14.8 %, production and distribution of electricity, gas and water - 3.1%, etc. In fact, about 70 % of oil production in the country belongs to two federal districts: Ural (50 %) and Volga (19 %). Oil production in the Russian Federation for the period from 2010 to 2018 increased by 11%, exports increased by 5.5 %. About 47-49 % of the total volume of oil produced in the country is exported. The level of labor productivity in mining during the studied dynamics turned out to be three times higher than in manufacturing, and 3.5-5 times higher than in the distribution of electricity, gas and water. Currently, various methods of oil production are used, including: using methods of artificial stimulation of the reservoir (42.2 %), using water injection (34 %), using physicochemical methods, including gas (7.5 %) ), using hydrodynamic (7.3 %), thermal (0.7 %) and new methods (8.3 %). At the same time, oil production using the water injection method in the country decreased by 9.8 %, using artificial stimulation methods decreased by 3.8 %, and using hydrodynamic methods, oil production decreased by 1.2 %. In recent years, there has been a growing trend in the use of thermal (2.2 times), physicochemical (+ 27.8 %) and other new oil production methods (+ 32.3 %). The depth of oil refining in the Russian Federation increased from 71.2 % in 2010 to 82.2% in 2018. The novelty of the work lies in the fact that we included both economic and socially significant factors in our correlation and regression analysis. In addition, we found that the key factors influencing the formation of gross domestic product are the level of oil prices, export volumes and industrial production volumes.