
Energy Projects in the Arctic: Strategic Priorities of Technological Independence
Author(s) -
Alexey Fadeev
Publication year - 2022
Publication title -
strategirovanie: teoriâ i praktika (online)/strategirovanie: teoriâ i praktika
Language(s) - English
Resource type - Journals
eISSN - 2782-2621
pISSN - 2782-2435
DOI - 10.21603/2782-2435-2022-2-1-88-105
Subject(s) - sanctions , energy independence , independence (probability theory) , european union , international trade , business , state (computer science) , foreign policy , economic sanctions , arctic , soviet union , russian economy , economic system , economy , economic policy , political science , economics , engineering , politics , ecology , statistics , electrical engineering , mathematics , algorithm , renewable energy , computer science , law , biology
In the recent past, the open market policy of Russian economy encouraged a close cooperation between domestic and foreign companies. As a result, some Russian companies became technologically dependant on foreign technologies. As the foreign policy situation grew more and more complicated, the Russian oil and gas complex had to face the problem of import substitution. The technological support of the Russian Arctic energy complex has become one of the most relevant state issues as Russia strives to overcome the economic and technological sanctions imposed by the US and the European Union.