Strengthening the technological sovereignty of the Russian oil and gas industry in the context of turbulent geopolitics in the world

Every year, the energy sector of the Russian Federation (hereinafter referred to as RF) is faced with the emergence of new restrictions from other states that hinder its strengthening. After the introduction of a number of regular packages of sanctions by Western countries and the United States of A...

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Main Authors: V. Yu. Linnik, A. A. Laznik, T. S. Gordeeva
Format: Article
Language:English
Published: Publishing House of the State University of Management 2025-01-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/5661
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author V. Yu. Linnik
A. A. Laznik
T. S. Gordeeva
author_facet V. Yu. Linnik
A. A. Laznik
T. S. Gordeeva
author_sort V. Yu. Linnik
collection DOAJ
description Every year, the energy sector of the Russian Federation (hereinafter referred to as RF) is faced with the emergence of new restrictions from other states that hinder its strengthening. After the introduction of a number of regular packages of sanctions by Western countries and the United States of America against the RF, implying a ban on a large number of supplies of equipment and technologies to the oil and gas industry, it becomes obvious that there is a need for domestic developments. In the current geopolitical situation, domestic oil and gas companies have the opportunity to expand their markets, create new areas of activity in the form of production of their own equipment and technologies in the field of drilling oil and gas wells on land and at sea, extraction of hydrocarbon resources, information technologies with the prospect of reaching the international level.   The purposes of this study are to analyse the policy of strengthening the sovereignty of the Russian oil and gas industry over the past 10 years and identify key areas for its further development.   Also, within the framework of this article, the main domestic companies that have succeeded in developing their own technologies and equipment are identified, possible threats hindering the implementation of import substitution policy are found, and possible solutions are proposed.
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institution Kabale University
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publisher Publishing House of the State University of Management
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series Вестник университета
spelling doaj-art-8929ce76d66f4498b72db6e59d81c0af2025-02-04T08:28:23ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152025-01-01011344210.26425/1816-4277-2024-11-34-423252Strengthening the technological sovereignty of the Russian oil and gas industry in the context of turbulent geopolitics in the worldV. Yu. Linnik0A. A. Laznik1T. S. Gordeeva2State University of ManagementMoscow Power Engineering InstituteState University of ManagementEvery year, the energy sector of the Russian Federation (hereinafter referred to as RF) is faced with the emergence of new restrictions from other states that hinder its strengthening. After the introduction of a number of regular packages of sanctions by Western countries and the United States of America against the RF, implying a ban on a large number of supplies of equipment and technologies to the oil and gas industry, it becomes obvious that there is a need for domestic developments. In the current geopolitical situation, domestic oil and gas companies have the opportunity to expand their markets, create new areas of activity in the form of production of their own equipment and technologies in the field of drilling oil and gas wells on land and at sea, extraction of hydrocarbon resources, information technologies with the prospect of reaching the international level.   The purposes of this study are to analyse the policy of strengthening the sovereignty of the Russian oil and gas industry over the past 10 years and identify key areas for its further development.   Also, within the framework of this article, the main domestic companies that have succeeded in developing their own technologies and equipment are identified, possible threats hindering the implementation of import substitution policy are found, and possible solutions are proposed.https://vestnik.guu.ru/jour/article/view/5661oil and gas industrydependence on importsforeign suppliersimport substitutionequipment and technologiessanctionssovereigntydomestic manufacturersimport substitution programmesrisks of import substitution
spellingShingle V. Yu. Linnik
A. A. Laznik
T. S. Gordeeva
Strengthening the technological sovereignty of the Russian oil and gas industry in the context of turbulent geopolitics in the world
Вестник университета
oil and gas industry
dependence on imports
foreign suppliers
import substitution
equipment and technologies
sanctions
sovereignty
domestic manufacturers
import substitution programmes
risks of import substitution
title Strengthening the technological sovereignty of the Russian oil and gas industry in the context of turbulent geopolitics in the world
title_full Strengthening the technological sovereignty of the Russian oil and gas industry in the context of turbulent geopolitics in the world
title_fullStr Strengthening the technological sovereignty of the Russian oil and gas industry in the context of turbulent geopolitics in the world
title_full_unstemmed Strengthening the technological sovereignty of the Russian oil and gas industry in the context of turbulent geopolitics in the world
title_short Strengthening the technological sovereignty of the Russian oil and gas industry in the context of turbulent geopolitics in the world
title_sort strengthening the technological sovereignty of the russian oil and gas industry in the context of turbulent geopolitics in the world
topic oil and gas industry
dependence on imports
foreign suppliers
import substitution
equipment and technologies
sanctions
sovereignty
domestic manufacturers
import substitution programmes
risks of import substitution
url https://vestnik.guu.ru/jour/article/view/5661
work_keys_str_mv AT vyulinnik strengtheningthetechnologicalsovereigntyoftherussianoilandgasindustryinthecontextofturbulentgeopoliticsintheworld
AT aalaznik strengtheningthetechnologicalsovereigntyoftherussianoilandgasindustryinthecontextofturbulentgeopoliticsintheworld
AT tsgordeeva strengtheningthetechnologicalsovereigntyoftherussianoilandgasindustryinthecontextofturbulentgeopoliticsintheworld