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Use of Investment Project Implementation Mechanism under Production Sharing Agreement for the Development of Oil and Gas

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  • Julia Luebeck
  • Dmitry Petrov

Abstract

Strengthening the investment attractiveness of economic systems of Russia's mineral raw material specialization by means of oil and gas project implementation under a production sharing agreement.Purpose of the article is formation of conceptual approaches to the use of the mechanism for implementing investment projects under a product sharing agreement in the development of oil and gas bearing regions of Russia.The techniques and methods of system analysis are used for understanding the procedural and institutional, economic and financial nature of the proposed mechanism for implementing investment projects under a PSA model in the development of oil and gas bearing territories of Russia.

Suggested Citation

  • Julia Luebeck & Dmitry Petrov, 2018. "Use of Investment Project Implementation Mechanism under Production Sharing Agreement for the Development of Oil and Gas," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 650-662.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:650-662
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    File URL: https://www.ersj.eu/dmdocuments/2018_XXI_1_53.pdf
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    Cited by:

    1. Tatiana Bondarenko & Alex Borodin & Makpal Zholamanova & Galina Panaedova & Tatiana Belyanchikova & Lira Gurieva, 2020. "Investments to the petrochemical sector: the value of the competitiveness of petrochemical companies," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2510-2525, March.

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    More about this item

    Keywords

    investment project; oil and gas bearing subjects of Russia; oil and gas deposits; production sharing agreement; public-private partnership. JEL code: H11; L24; O31; O43; Q35; P48.;
    All these keywords.

    JEL classification:

    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • Q35 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Hydrocarbon Resources

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