Ecological Insurance of Arctic Oil and Gas Producing Shelf Projects in Russia
https://doi.org/10.21686/2413-2829-2023-1-76-88
Abstract
The article deals with problems of ecological insurance of arctic oil and gas producing shelf projects in Russia and possible ways of its development. The authors put forward the method of estimating financial security of operations on eliminating possible ecological damage in case of hydrocarbon spill on arctic shelf oil and gas producing fields and study oil spills on arctic shelf fields ‘Prirazlomnoye’ and ‘Pobeda’. They estimate the cost of measures aimed at elimination of such incidents and propose a special indicator, i.e. financial loss factor for oil spill. Empiric conclusions obtained by comparative analysis of legislation in the field of ecology of entrails use in Russia, Norway, the US and Canada can be used for optimization of the effective Russian legislation and introduction of obligatory ecological insurance. Data of mathematic spill modeling can be applied by insurance companies for calculating insurance premium, by Rosprirodnadzor – for charging penalties and for other supervision bodies – for underwriting oil and gas arctic projects.
About the Authors
O. V. Kudryavtseva
Lomonosov Moscow State University
Russian Federation
Russian Federation
Olga V. Kudryavtseva Doctor of Economics, Professor of the Department of Environmental Economics of the Faculty of Economics
46 building, 1 Leninskie gory, Moscow, 119991
E. V. Serebrennikov
Lomonosov Moscow State University
Russian Federation
Russian Federation
Evgeny V. Serebrennikov Post-Graduate Student of the Department of Environmental Economics of the Faculty of Economics
46 building, 1 Leninskie gory, Moscow, 119991
References
1. Anisimov A. P. Razvitie ekologicheskogo strakhovaniya v SShA: problemy i perspektivy [The Development of Ecological Insurance in the US: Challenges and Prospects]. Vestnik Saratovskogo universiteta. Seriya: Ekonomika. Upravlenie. Pravo [Bulletin of the Saratov University. Series: Economics. Management. Law], 2020, Vol. 20, No. 3, pp. 301–309. (In Russ.).
2. Arkticheskie strategii: energetika, bezopasnost, ekologiya, klimat [Arctic Strategies: Power Engineering, Security, Ecology, Climate]. Moscow, MShU «Skolkovo», 2020, Vol. 1. (In Russ.).
3. Bobylev S. N. Ustoychivoe razvitie: novoe videnie budushchego? [Sustainable Development: New Vision of the Future]. Voprosy politicheskoy ekonomii [Issues Political Economics], 2020, No. 1 (21), pp. 67–83. (In Russ.).
4. Kandaurov A. P. Promyshlennaya i ekologicheskaya bezopasnost na arkticheskom shelfe: tekhnologii, razrabotki, oborudovanie [Industrial and Ecological Security on Arctic Shelf: Technologies, Development, Equipment]. (In Russ.). Available at: https://neftegaz-ru. turbopages.org/turbo/neftegaz.ru/s/science/ecology/331531-promyshlennaya-i-ekologicheskaya-bezopasnost-na-arkticheskom-shelfe-tekhnologii-razrabotki-oborudova/ (accessed 11.03.2022).
5. Krivorotov A. K. Norvezhskaya model upravleniya neftegazovym kompleksom [Norwegian Model of Managing Oil and Gas Complex]. Energeticheskaya politika [Power Policy], 2020, No. 2 (144), pp. 44–57. (In Russ.).
6. Kudryavtseva O. V., Bobylev S. N., Yakovleva E. Yu. Regional Priorities of Green Economy [Regional Priorities of Green Economy]. Ekonomika regiona [Region Economy], 2015, No. 2, pp. 148–159. (In Russ.).
7. Plotnost plastovoy nefti [Density of Base Oil]. (In Russ.). Available at: https://neftegaz-ru.turbopages.org/turbo/neftegaz.ru/s/tech-library/ngk/148228-plotnost-plastovoy-nefti/ (accessed 14.03.2022).
8. Filimonova I. A., Nemov V. I., Mishenin M. V. Sovremennye tendentsii razvitiya mirovogo rynka nefti [Current Trends of Developing Global Crude Oil Market]. Neftegazovaya vertical [Oil and Gas Vertical], 2021, No. 15, pp. 36–45. (In Russ.).
9. Emikh V. N. Filtratsiya iz podpochvennykh istochnikov [Filtration from Subsoil Sources]. Izvestiya Rossiyskoy akademii nauk. Mekhanika zhidkosti i gaza [Izvestiya of the Russia Academy of Sciences. Mechanics of Liquid and Gas], 1999, No. 2, pp. 72–85. (In Russ.).
10. Daming L., Tang X., Li Y., Wang X., Zhang H. Mathematical Modeling of Marine Oil Spills in the Luanjiakou District, near the Port of Yantai. Discrete Dynamics in Nature and Society, 2018, January, pp. 1–22.
11. Fanzeres J. Oil Jumps Back Above $100 as Russia Casts Doubt on Ukraine Talks. Available at: https://www.bloomberg.com/news/articles/2022-03-17/oil-edges-higher-afterthree-day-slide-as-volatility-continues
12. Lee N. How Negative oil Prices Revealed the Dangers of the Futures Market. Available at: https://www.cnbc.com/2020/06/16/how-negative-oil-prices-revealed-the-dangers-of-futures-trading.html
13. Muangu Z., Popova A. A. Modelling of oil Pollution of Arctic Sea coastal areas. Civil Aviation High Technologies, 2017, No. 20 (2), pp. 153–162.
14. Pobinson M. Oil is Likely to Remain Volatile and Expensive as the World Deals with Supply Shortages. Available at: https://www.streetregister.com/2022/03/21/oil-is-likely-to-remain-volatile-and-expensive-as-world-deals-with-supply-shortages/
15. Stephen K. Canada in the Arctic – Arctic Oil and Gas: Reserves, Activities, and Disputes. Available at: https://www.thearcticinstitute.org/canada-arctic-oil-gas-part1/
Review
For citations:
Kudryavtseva O.V., Serebrennikov E.V. Ecological Insurance of Arctic Oil and Gas Producing Shelf Projects in Russia. Vestnik of the Plekhanov Russian University of Economics. 2023;20(1):76-88. (In Russ.) https://doi.org/10.21686/2413-2829-2023-1-76-88
Views:
287
Email this article 