Economic and social benefits of a strategy of ecological monitoring for oil and gas companies operating in the Russian Arctic

• Published in: E3S Web of Conferences
• Main Authors: Bianco Ishel, Illinskyi Alexander, Fadeev Alexey
• Format: Article in Journal/Newspaper
• Language: English; French
• Published: EDP Sciences 2021
• Subjects: scipo; droit; Arctic
• Online Access: https://doi.org/10.1051/e3sconf/202125805030; https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/34/e3sconf_uesf2021_05030.pdf; https://doaj.org/article/9466df9567d54e0aa96f548ce31c27eb

Ecological monitoring provides a more complete picture of the possible effects of extractive activities for oil and Gas companies operating in the Russian Arctic and in other ecological sensitive areas. This paper proposes a framework to evaluate the adequacies of different monitoring systems for Operations in the Arctic for oil and Gas companies. Our research also demonstrates how Ecological monitoring could be a useful strategic tool for long term risk reduction, accident avoidance and to improve the socio-economic development for indigenous communities.