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Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2023) 1.2 Q4
Journal Citation IndicatorTM (2023) 0.33 Q3
Received: 2017-08-20  |  Accepted: 2018-01-10  |  Published: 2018-03-30

Title

Market peculiarities of natural gass: case of the Pacific Region


Abstract

In this article are considered by authors the technological, resource and economic capacity of the Far East, the first stages of a cooperation between Russia and the largest gas importers in the Pacific Rim are described, the main projects and fields contributing to the development of a cooperation between the countries are also considered. Statistical methods of the analysis act as methodological base of a research. In modern conditions in relation to the energy sector of Russia (imposition of sanctions by the western countries) there is a reorientation of export deliveries to the EU to Asia-Pacific countries. In these conditions the Far East of Russia acts as a large oil and gas source which has advantages and opportunities to compete in the Asian market, using not only the favorable investment climate, but also the infrastructure developed for today's time. The carried-out analysis showed that Russia is the largest suppliers in the market of Asia-Pacific countries. Constantly interest in the Russian energy resources in the Asian market grows. It is connected with a geographical location of Russia, with high inventories of hydrocarbons in the Far East, safety of deliveries, low policy risks, etc.


Keywords

natural gass, market, Asia-Pacific countries, Russia, projects, competition, import, consumption


JEL classifications

Q31 , Q41


URI

http://jssidoi.org/jesi/article/167


DOI


HAL


Pages

555-564


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Shakhovskaya, Larisa
Volgograd State Technical University, Volgograd, Russian Federation http://vstu.ru
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Petrenko, Yelena
Plekhanov Russian University of Economics, Moscow, Russian Federation http://www.rea.ru
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Dzhindzholia, Alexandr
Volgograd State Technical University, Volgograd, Russian Federation http://vstu.ru
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Timonina, Victoria
Volgograd State Technical University, Volgograd, Russian Federation http://vstu.ru
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Journal title

Entrepreneurship and Sustainability Issues

Volume

5


Number

3


Issue date

March 2018


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

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