Skip to main content
Log in

Study of the outlook for the development of the gas industry in Russia and analysis of risk associated with this process

  • Published:
Thermal Engineering Aims and scope Submit manuscript

Abstract

The gas industry in Russia will develop under conditions of the persistence of existing risks and emergence of the new ones caused by the world financial crisis, increased uncertainty in estimating world prices for natural gas, together with disturbed balance between interests of gas producers and consumers, and threat of loss of the competitiveness of Russian natural gas on foreign markets. In this context, in choosing a strategy of the development of the gas industry and its production-and-financial program, it is necessary to carry out a risk analysis of optimum decisions. Specific features of carrying out a risk analysis and results of the risk analysis of strategic decisions that would provide enhanced steadiness and the effectiveness of the development of the gas industry under conditions of the uncertainty of both external and internal factors are presented.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Similar content being viewed by others

References

  1. L. M. Shevchuk, A. S. Lukyanov, and A. S. Kudryavtsev, “Risk Analysis in Tasks of Strategic Planning for Large Energy Companies,” Izv. RAN, Energetika, No. 2 (2000).

  2. The Energy Industry of Russia: Strategy of Development (Moscow, GU IES Minenergo of Russia, 2003)[in Russian].

  3. www.economy.gov/ru, March 19, 2009.

  4. “Vedomosti” newspaper, July 9, 2009.

  5. “On Improvement in the Government Regulation of Prices for Natural Gas,” Decree of the Government of the Russian Federation No. 333 dated May 28, 2007.

  6. S. M. Ermakov, The Monte-Carlo Method and Allied Issues (Moscow, Nauka, 1971)[in Russian].

    Google Scholar 

  7. The Method of Statistical Test (the Monte-Carlo Method) (Moscow, Fizmatgiz, 1962) [in Russian].

Download references

Authors

Additional information

Original Russian Text © O.A. Eliseeva, A.S. Luk’yanova, A.E. Tarasov, 2010, published in Izvestiya RAN. Energetika.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Eliseeva, O.A., Luk’yanova, A.S. & Tarasov, A.E. Study of the outlook for the development of the gas industry in Russia and analysis of risk associated with this process. Therm. Eng. 57, 1185–1196 (2010). https://doi.org/10.1134/S0040601510140041

Download citation

  • Received:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1134/S0040601510140041

Keywords

Navigation