Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments
The political relationship between Norway and Russia will influence the development of Barents Sea oil and gas. The state plays a decisive role in both the Norwegian and Russian parts of the sea. It does so as a regulator, through taxation, and through the national oil and gas companies, Gazprom, Ro...
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fttriple:oai:gotriple.eu:20.500.12657/31450 2023-05-15T15:03:17+02:00 Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments Krivorotov, Andrey Overland, Indra 2015-01-01 http://library.oapen.org/handle/20.500.12657/31450 https://hdl.handle.net/20.500.12657/31450 en eng 20.500.12657/31450 http://library.oapen.org/handle/20.500.12657/31450 undefined OAPEN Library Society and social sciences scipo hist Book https://vocabularies.coar-repositories.org/resource_types/c_2f33/ 2015 fttriple https://doi.org/20.500.12657/31450 2023-01-22T18:19:58Z The political relationship between Norway and Russia will influence the development of Barents Sea oil and gas. The state plays a decisive role in both the Norwegian and Russian parts of the sea. It does so as a regulator, through taxation, and through the national oil and gas companies, Gazprom, Rosneft, and Statoil. Thus, if the two states have a good relationship characterized by mutual trust, they can coordinate, search for complementarities, and mitigate issues that arise. Furthermore, due to the rising cost of oil and gas production in the Arctic, many oil and gas fields there may deliver small returns on investments. Scale economies brought about by coordinated development, joint infrastructure, and information sharing can tip projects from being commercially unviable to viable. But this depends on the ability and willingness of the two states to actively work together. Book Arctic Barents Sea Unknown Arctic Barents Sea Norway |
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English |
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scipo hist Krivorotov, Andrey Overland, Indra Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments |
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scipo hist |
description |
The political relationship between Norway and Russia will influence the development of Barents Sea oil and gas. The state plays a decisive role in both the Norwegian and Russian parts of the sea. It does so as a regulator, through taxation, and through the national oil and gas companies, Gazprom, Rosneft, and Statoil. Thus, if the two states have a good relationship characterized by mutual trust, they can coordinate, search for complementarities, and mitigate issues that arise. Furthermore, due to the rising cost of oil and gas production in the Arctic, many oil and gas fields there may deliver small returns on investments. Scale economies brought about by coordinated development, joint infrastructure, and information sharing can tip projects from being commercially unviable to viable. But this depends on the ability and willingness of the two states to actively work together. |
format |
Book |
author |
Krivorotov, Andrey Overland, Indra |
author_facet |
Krivorotov, Andrey Overland, Indra |
author_sort |
Krivorotov, Andrey |
title |
Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments |
title_short |
Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments |
title_full |
Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments |
title_fullStr |
Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments |
title_full_unstemmed |
Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments |
title_sort |
chapter 6 norwegian–russian political relations and barents oil and gas developments |
publishDate |
2015 |
url |
http://library.oapen.org/handle/20.500.12657/31450 https://hdl.handle.net/20.500.12657/31450 |
geographic |
Arctic Barents Sea Norway |
geographic_facet |
Arctic Barents Sea Norway |
genre |
Arctic Barents Sea |
genre_facet |
Arctic Barents Sea |
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OAPEN Library Society and social sciences |
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20.500.12657/31450 http://library.oapen.org/handle/20.500.12657/31450 |
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https://doi.org/20.500.12657/31450 |
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1766335157375074304 |