Decline in Russian gas exports and prices to Europe in 2020 and their forecast until 2030

DOI: 10.33917/mic-1.96.2021.62-71

The article provides research on Russian natural gas drastic decrease in volume and prices in Europe in 2020, specifically Gazprom piped gas. The key factors of such decrease are economic growth slowdown due to pandemic, warm weather and competition with US LNG. At the end of the year, US LNG shifted focus to Asia markets, where the demand and prices for LNG increased. 2030 outlook for natural gas volumes and prices sourced from Russia and US LNG to Europe is given.

Economic effect of implementation of integrated programs for optimizing local energy on the example of the Khabarovsk region

DOI: 10.33917/mic-5.94.2020.66-73

The article analyzes the features of technologically isolated energy districts, suggests measures to optimize the energy supply of localities, and presents technical and economic calculations and indicators.

Economic estimation of energy supply of a mining enterprise in the hard-to-reach areas using high penetration hybrid power plant

DOI: 10.33917/mic-5.94.2020.55-65

The article describes the strategic tasks facing the mining industry of the Russian Federation in the field of energy efficiency, analyzes the problems of energy supply in this industry in isolated and hard-to-reach areas and assesses the economic efficiency of the high penetration hybrid power plant.

Compliance control system as a tool for economic security of an oil and gas company (on the example of PJSC «NK Rosneft»)

DOI: 10.33917/mic-5.94.2020.44-54

Today, oil and gas enterprises operate in a difficult, frequently changing system of regulatory legal documents, including both national and international acts governing various business processes. At the same time, this system is complemented by sanctions measures that significantly limit the activities of Russian oil and gas enterprises, as well as related organizations. In this regard, the role of the compliance function is increasing, aimed at bringing the implemented business processes in line with the provisions of regulatory legal acts. This process allows to minimize the possibility of committing offenses by employees of the enterprise and exclude the financial losses associated with this possibility.

The article examines the corporate compliance system of PJSC «NK Rosneft», identifies the elements that make up it, determines the features of risks, external and internal threats to the company’s economic security, suggests measures to eliminate them and reduce risks, and provides factors that affect the control environment.

Prospects of inter-fuel competition for heat energy production in the Arctic regions of the Republic of Sakha (Yakutia)

DOI: 10.33917/mic-6.95.2020.56-61

Reliable and uninterrupted supply of energy resources to the Arctic territories of the Russian Federation in the extremely harsh climatic conditions of the North is the primary state task of state authorities at each level. Therefore, it is necessary to analyze the factors that determine the priority demand for energy resources that have the highest efficiency of their use. As a result of the analysis of the use of traditional types of primary energy resources, such as coal, crude oil, diesel fuel and gas condensate at the enterprises of electric and heat power engineering of the Arctic regions of the Republic of Sakha (Yakutia), inter-fuel competitiveness was revealed. Calculations have been made of the energy and environmental efficiency of using alternative fuels, such as liquefied natural gas (LNG) instead of the existing traditional types of fuel for boiler houses in the Arctic regions of the republic. Methods for assessing the energy and environmental assessment of the efficiency of replacing traditional fuels with liquefied natural gas for the production of heat energy at heat power plants in the Arctic regions of the Republic of Sakha (Yakutia), which are universal for use in each region with local heat supply to its territories, are proposed.

Economic efficiency assessment of different various models of generation projects based on res in the hard-to-reach areas

DOI: 10.33917/mic-6.95.2020.47-55

The article describes the current economic problems in the situation under consideration, the analysis of existing schemes for implementing investment projects in the considered area is carried out, the optimal agreements between the investor and the customer in various conditions of energy supply.

On the impact of Nord stream 2 on the EU natural gas market (analytical review)

DOI: 10.33917/mic-3.92.2020.76-81

The article analyses key questions of the impact of Nord Stream 2 on the European markets.

Currently, Nord Stream 2 is one of the key international conflicts, where USA and Poland are project opponents, and Russia and key European countries are project supporters.

In the article [1] it is shown, that Nord Stream-2 launch in 2020 will reduce gas prices for all 28 EU countries by 13% with low global LNG demand and by 32% with high global LNG demand. Significant price reductions will be also received by Nord Stream 2 opponents, such as Poland. LNG imported from USA will be suffering the most.

Us shale oil and gas (analytical review)

DOI: 10.33917/mic-6.89.2019.51-57

The article analyzes the Russian system of accounting for the decommissioning of oil fields, its compliance with IFRS standards, defines the features of financial accounting for decommissioning, proposes approaches to measuring the reserves for decommissioning of oil fields and criteria for their evaluation, provides an example of calculating the reserves for decommissioning.

Features of financial accounting during the decommissioning of oil fields in accordance with IFRS

DOI: 10.33917/mic-6.89.2019.51-57

The article analyzes the Russian system of accounting for the decommissioning of oil fields, its compliance with IFRS standards, defines the features of financial accounting for decommissioning, proposes approaches to measuring the reserves for decommissioning of oil fields and criteria for their evaluation, provides an example of calculating the reserves for decommissioning.

Work with the end user as a mandatory component of the energy management of the energy company

DOI: 10.33917/mic-6.89.2019.58-63

The article reveals the topic concerning the importance of interaction between energy companies and end consumers. The principles and functions of energy management are defined. Measures for energy management of end users are systematized. Federal and regional energy development programs are analyzed and energy efficiency measures are proposed that take into account the interaction of energy companies with consumers.