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Preliminary Calculation of the EROI for the Production of Crude Oil and Light Oil Products in Russia

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  • Alexander Safronov

    (Laboratory of Geology of Oil and Gas Fields, Institute of Oil and Gas Problems SB RAS, Oktyabrskaya 1, Yakutsk 677980, Russia)

  • Anton Sokolov

    (Laboratory of Geology of Oil and Gas Fields, Institute of Oil and Gas Problems SB RAS, Oktyabrskaya 1, Yakutsk 677980, Russia)

Abstract

Russia is one of the world’s largest producers of energy resources. The production of energy resources in Russia is profitable both economically and in terms of energy production. Currently, Russian oil and gas companies have a policy of increasing energy efficiency, which will led to an increase in the energy return on investment (EROI) of both oil and gas production as a whole, and of separate companies in particular. By our calculations, the EROI for oil production in Russia differs for the different companies, and in 2012 was in the range of 22–35:1. The EROI for light oil products in 2012 was in the range of 5–13:1.

Suggested Citation

  • Alexander Safronov & Anton Sokolov, 2014. "Preliminary Calculation of the EROI for the Production of Crude Oil and Light Oil Products in Russia," Sustainability, MDPI, vol. 6(9), pages 1-19, September.
    • Handle: RePEc:gam:jsusta:v:6:y:2014:i:9:p:5801-5819:d:39809
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    References listed on IDEAS

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    Cited by:

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    3. Jun Yan & Lianyong Feng & Alina Steblyanskaya & Anton Sokolov & Nataliya Iskritskaya, 2019. "Creating an Energy Analysis Concept for Oil and Gas Companies: The Case of the Yakutiya Company in Russia," Energies, MDPI, vol. 12(2), pages 1-18, January.
    4. Costin Radu Boldea & Bogdan Ion Boldea & Tiberiu Iancu, 2023. "The Pandemic Waves’ Impact on the Crude Oil Price and the Rise of Consumer Price Index: Case Study for Six European Countries," Sustainability, MDPI, vol. 15(8), pages 1-15, April.
    5. Louis Delannoy & Pierre-Yves Longaretti & David. J. Murphy & Emmanuel Prados, 2021. "Assessing Global Long-Term EROI of Gas: A Net-Energy Perspective on the Energy Transition," Energies, MDPI, vol. 14(16), pages 1-16, August.

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    Keywords

    EROI; oil production; Russia;
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