Comparative analysis of country approaches towards the development of oil and gas resources of the Arctic shelf and identification of opportunities of foreign experience application in Russia

• Published in: IOP Conference Series: Earth and Environmental Science
• Main Authors: Shiyan, S I, Likhacheva, O N, Timchuk, E V, Shilovich, O B, Bedenko, D Y
• Format: Article in Journal/Newspaper
• Language: unknown
• Published: IOP Publishing 2021
• Subjects: Arctic; Norway
• Online Access: http://dx.doi.org/10.1088/1755-1315/650/1/012038; https://iopscience.iop.org/article/10.1088/1755-1315/650/1/012038; https://iopscience.iop.org/article/10.1088/1755-1315/650/1/012038/pdf

Abstract For the Russian economy, which is so heavily dependent on energy production, the issue of Arctic development is very important. Practice shows that some countries are successfully producing oil and gas in the northern seas. However, only one field has been put into industrial operation on the Arctic continental shelf in Russia at the moment. Therefore, the analysis of approaches to the development of the Arctic shelf of other countries and the study of foreign experience of state stimulation of investments in the development of Arctic resources are now extremely relevant. At the same time, Norway is most interested, so successfully developing its hydrocarbon-based economy. In addition, Norway has access to the same Arctic sea as Russia and is actively engaged in industrial production in it.