Reasons for changing the vector of Russian exports and the new role of the Arctic
Abstract The article provides an overview of projects for the construction of the export infrastructure of Russian resources, implemented in the recent decades. The factors influencing the decisions on the construction of the largest oil pipelines (Baltic pipeline system I and II, Eastern Siberia –...
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crioppubl:10.1088/1755-1315/629/1/012088 2024-06-02T08:02:24+00:00 Reasons for changing the vector of Russian exports and the new role of the Arctic Dets, I A 2021 http://dx.doi.org/10.1088/1755-1315/629/1/012088 https://iopscience.iop.org/article/10.1088/1755-1315/629/1/012088/pdf https://iopscience.iop.org/article/10.1088/1755-1315/629/1/012088 unknown IOP Publishing http://creativecommons.org/licenses/by/3.0/ https://iopscience.iop.org/info/page/text-and-data-mining IOP Conference Series: Earth and Environmental Science volume 629, issue 1, page 012088 ISSN 1755-1307 1755-1315 journal-article 2021 crioppubl https://doi.org/10.1088/1755-1315/629/1/012088 2024-05-07T14:06:44Z Abstract The article provides an overview of projects for the construction of the export infrastructure of Russian resources, implemented in the recent decades. The factors influencing the decisions on the construction of the largest oil pipelines (Baltic pipeline system I and II, Eastern Siberia – Pacific Ocean) and gas pipelines (Nord Stream I and II, Turkish stream, Power of Siberia and others) are analysed. An approved program for the development of the Northern sea route until 2035, which involves major investments in the creation of a new eastern export route, is also being considered. The analysis shows that in addition to the political factor, the decisions on financing the new export infrastructure are influenced by the factors of competition and global warming. The latter acts both as a limiting factor due to environmental restrictions on fuel consumption in the European Union and as a stimulating factor due to the Russian government‘s hopes for more stable and cheaper navigation along the Northern Sea Route. The analysis illustrates that the export diversification policy in general is yielding results, which is demonstrated by an increase in the share of exports in the Asian direction. However, it remains unclear how rational financing new projects for the export of energy resources is in the context of a long-term trend towards a decrease in their cost in world markets. Article in Journal/Newspaper Arctic Global warming Northern Sea Route Siberia IOP Publishing Arctic Pacific IOP Conference Series: Earth and Environmental Science 629 012088 |
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Abstract The article provides an overview of projects for the construction of the export infrastructure of Russian resources, implemented in the recent decades. The factors influencing the decisions on the construction of the largest oil pipelines (Baltic pipeline system I and II, Eastern Siberia – Pacific Ocean) and gas pipelines (Nord Stream I and II, Turkish stream, Power of Siberia and others) are analysed. An approved program for the development of the Northern sea route until 2035, which involves major investments in the creation of a new eastern export route, is also being considered. The analysis shows that in addition to the political factor, the decisions on financing the new export infrastructure are influenced by the factors of competition and global warming. The latter acts both as a limiting factor due to environmental restrictions on fuel consumption in the European Union and as a stimulating factor due to the Russian government‘s hopes for more stable and cheaper navigation along the Northern Sea Route. The analysis illustrates that the export diversification policy in general is yielding results, which is demonstrated by an increase in the share of exports in the Asian direction. However, it remains unclear how rational financing new projects for the export of energy resources is in the context of a long-term trend towards a decrease in their cost in world markets. |
format |
Article in Journal/Newspaper |
author |
Dets, I A |
spellingShingle |
Dets, I A Reasons for changing the vector of Russian exports and the new role of the Arctic |
author_facet |
Dets, I A |
author_sort |
Dets, I A |
title |
Reasons for changing the vector of Russian exports and the new role of the Arctic |
title_short |
Reasons for changing the vector of Russian exports and the new role of the Arctic |
title_full |
Reasons for changing the vector of Russian exports and the new role of the Arctic |
title_fullStr |
Reasons for changing the vector of Russian exports and the new role of the Arctic |
title_full_unstemmed |
Reasons for changing the vector of Russian exports and the new role of the Arctic |
title_sort |
reasons for changing the vector of russian exports and the new role of the arctic |
publisher |
IOP Publishing |
publishDate |
2021 |
url |
http://dx.doi.org/10.1088/1755-1315/629/1/012088 https://iopscience.iop.org/article/10.1088/1755-1315/629/1/012088/pdf https://iopscience.iop.org/article/10.1088/1755-1315/629/1/012088 |
geographic |
Arctic Pacific |
geographic_facet |
Arctic Pacific |
genre |
Arctic Global warming Northern Sea Route Siberia |
genre_facet |
Arctic Global warming Northern Sea Route Siberia |
op_source |
IOP Conference Series: Earth and Environmental Science volume 629, issue 1, page 012088 ISSN 1755-1307 1755-1315 |
op_rights |
http://creativecommons.org/licenses/by/3.0/ https://iopscience.iop.org/info/page/text-and-data-mining |
op_doi |
https://doi.org/10.1088/1755-1315/629/1/012088 |
container_title |
IOP Conference Series: Earth and Environmental Science |
container_volume |
629 |
container_start_page |
012088 |
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1800746908308733952 |