Vol. 52 No. 11 (2022)
DEBATES

What Should be Changed in the Development Strategy of the Russian Oil Refining Industry

O.S. Anashkin
National Research University “Higher School of Economics”, Moscow

Published 2022-11-07

Keywords

  • crude oil; oil products; oil refining industry of Russia; refineries; sanctions; refinery modernization program; oil products export market; domestic market of oil products; development strategy; unified coordination center of industry development

How to Cite

1.
Anashkin О. What Should be Changed in the Development Strategy of the Russian Oil Refining Industry. ECO [Internet]. 2022 Nov. 7 [cited 2024 Dec. 4];52(11):158-82. Available from: https://ecotrends.ru/index.php/eco/article/view/4535

Abstract

The paper reviews options for revising the current refinery modernization program in order to change the development strategy of the Russian oil refining industry under the sanctions regime. The risks and opportunities of Russian oil refining are analyzed and the sequence of necessary steps to stabilize its work in emergency conditions is proposed. It is demonstrated that the creation of a single coordinating center of industry development will strengthen the competitive position of the Russian oil industry in the world market.

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