ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 51 No. 9 (2021)
Тема номера: Россия в энергопотоке "Большой Азии"

Prospects of Russian Oil Companies in the Asian Pacific Region Under Decarbonization

PDF (Русский)
  • I. Kopytin
I. Kopytin
Center for Energy research, Primakov National Research Institute of World Economy and International Relations, RAS, Moscow
DOI: https://doi.org/10.30680/ECO0131-7652-2021-9-38-52

Published 2021-08-27

Keywords

  • crude oil,
  • oil export,
  • Asia Pacific region,
  • decarbonization,
  • carbon offsets

How to Cite

1.
Kopytin И. Prospects of Russian Oil Companies in the Asian Pacific Region Under Decarbonization. ECO [Internet]. 2021 Aug. 27 [cited 2024 Nov. 4];51(9):38-52. Available from: https://ecotrends.ru/index.php/eco/article/view/4309

Abstract

The paper provides a detailed analysis of crude oil and oil products export from Russia to countries of the Asian Pacific Region (APR) for the period 2016–2020. The analysis of foreign trade flows demonstrates the ongoing reorientation of Russian crude oil export from the European direction towards the APR markets, where the potential for further increase of supply exists. To widen their export niches, Russian oil companies need to overcome an excessive concentration of oil export on the markets of limited number of APR countries. One possible way for achieving this goal could be a participation in oil refining projects on the territory of oil importing countries. The authors study a phenomenon of emerging world trade in «ecologically clean oil» using carbon offsets, which is an important emerging factor in the global competition for export markets.
PDF (Русский)

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