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:20.500.12854/33604 2023-05-15T15:03:19+02:00 Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments Krivorotov, Andrey Overland, Indra 2015-01-01 https://directory.doabooks.org/handle/20.500.12854/33604 https://hdl.handle.net/20.500.12854/33604 other unknown 20.500.12854/33604 https://directory.doabooks.org/handle/20.500.12854/33604 other Directory of Open Access Books scipo hist Book https://vocabularies.coar-repositories.org/resource_types/c_2f33/ 2015 fttriple https://doi.org/20.500.12854/33604 2023-01-22T17:36:03Z 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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scipo hist Krivorotov, Andrey Overland, Indra Chapter 6 Norwegian–Russian political relations and Barents oil and gas developments |
topic_facet |
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 |
https://directory.doabooks.org/handle/20.500.12854/33604 https://hdl.handle.net/20.500.12854/33604 |
geographic |
Arctic Barents Sea Norway |
geographic_facet |
Arctic Barents Sea Norway |
genre |
Arctic Barents Sea |
genre_facet |
Arctic Barents Sea |
op_source |
Directory of Open Access Books |
op_relation |
20.500.12854/33604 https://directory.doabooks.org/handle/20.500.12854/33604 |
op_rights |
other |
op_doi |
https://doi.org/20.500.12854/33604 |
_version_ |
1766335183912435712 |