Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex
The present article analyzes the impact of the restrictive measures adopted by the European Union (EU) and the United States of America (USA) against Russian Federation. In particular, the item aims to analyze the sectoral sanctions in oil and gas industry. Sanctions in oil and gas sector are extend...
Main Authors: | , |
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Format: | Article |
Language: | English |
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EconJournals
2016-09-01
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Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32045/354656?publisher=http-www-cag-edu-tr-ilhan-ozturk |
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author | Anni Yulievna Nikulina Marina Nikolaevna Kruk |
author_facet | Anni Yulievna Nikulina Marina Nikolaevna Kruk |
author_sort | Anni Yulievna Nikulina |
collection | DOAJ |
description | The present article analyzes the impact of the restrictive measures adopted by the European Union (EU) and the United States of America (USA) against Russian Federation. In particular, the item aims to analyze the sectoral sanctions in oil and gas industry. Sanctions in oil and gas sector are extended to the supply of equipment particularly to the technologies for development of the Arctic shelf. The article proposes and analyzes scenarios of Russian oil and gas complex in the conditions of restrictive measures from the part of Western countries. As for equipment authors offer two options: the importation of equipment through third countries or copying it from Western equipment. In the area of finance they offer attracting Asian credits and the use of the National Welfare Fund of Russian Federation. |
first_indexed | 2024-04-10T14:23:18Z |
format | Article |
id | doaj.art-d1ad7f6de7b0489992ce222300cfe9a7 |
institution | Directory Open Access Journal |
issn | 2146-4138 |
language | English |
last_indexed | 2024-04-10T14:23:18Z |
publishDate | 2016-09-01 |
publisher | EconJournals |
record_format | Article |
series | International Journal of Economics and Financial Issues |
spelling | doaj.art-d1ad7f6de7b0489992ce222300cfe9a72023-02-15T16:09:13ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-09-0164137913821032Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz ComplexAnni Yulievna NikulinaMarina Nikolaevna KrukThe present article analyzes the impact of the restrictive measures adopted by the European Union (EU) and the United States of America (USA) against Russian Federation. In particular, the item aims to analyze the sectoral sanctions in oil and gas industry. Sanctions in oil and gas sector are extended to the supply of equipment particularly to the technologies for development of the Arctic shelf. The article proposes and analyzes scenarios of Russian oil and gas complex in the conditions of restrictive measures from the part of Western countries. As for equipment authors offer two options: the importation of equipment through third countries or copying it from Western equipment. In the area of finance they offer attracting Asian credits and the use of the National Welfare Fund of Russian Federation.https://dergipark.org.tr/tr/pub/ijefi/issue/32045/354656?publisher=http-www-cag-edu-tr-ilhan-ozturkoil gas sanctions arctic offshore |
spellingShingle | Anni Yulievna Nikulina Marina Nikolaevna Kruk Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex International Journal of Economics and Financial Issues oil gas sanctions arctic offshore |
title | Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex |
title_full | Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex |
title_fullStr | Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex |
title_full_unstemmed | Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex |
title_short | Impact of Sanctions of European Union and Unites States of America on the Development of Russian Oil and Gaz Complex |
title_sort | impact of sanctions of european union and unites states of america on the development of russian oil and gaz complex |
topic | oil gas sanctions arctic offshore |
url | https://dergipark.org.tr/tr/pub/ijefi/issue/32045/354656?publisher=http-www-cag-edu-tr-ilhan-ozturk |
work_keys_str_mv | AT anniyulievnanikulina impactofsanctionsofeuropeanunionandunitesstatesofamericaonthedevelopmentofrussianoilandgazcomplex AT marinanikolaevnakruk impactofsanctionsofeuropeanunionandunitesstatesofamericaonthedevelopmentofrussianoilandgazcomplex |