Open AccessFOREIGN INVESTMENTS IN THE RUSSIAN OIL AND GAS INDUSTRY
Author(s) -
С И Шумилова
Publication year - 2019
Publication title -
interèkspo geo-sibirʹ
Language(s) - English
Resource type - Journals
ISSN - 2618-981X
DOI - 10.33764/2618-981x-2019-2-5-199-205
Subject(s) - foreign direct investment , sanctions , foreign capital , investment (military) , economic sanctions , russian economy , obstacle , foreign portfolio investment , business , economics , market economy , international economics , capital (architecture) , international trade , economic system , production (economics) , macroeconomics , open ended investment company , return on investment , history , archaeology , politics , political science , law
Foreign investment is the driving force behind the development of the Russian oil and gas complex and the economy as a whole. This was the case until 2014; the current situation has changed somewhat: the inflow of foreign investment in the Russian energy sector is complicated not only by the imposed sanctions, but also by the main obstacle - instability of world energy prices. The current price conjuncture, as well as the situation with supply and demand, is pushing foreign investors to reduce investment proposals. The article analyzes the dynamics, species and sectoral structure of annual flows of foreign investment in the Russian economy, which allows to identify the main trends in attracting foreign capital in the past few years. In the Russian economy, at the moment, the most attractive areas for foreign investors are mining, manufacturing, wholesale and retail trade. These economic activities account for more than 60% of the total foreign investment.