PROBLEMS AND PROSPECTS OF RUSSIAN PETROLEUM

INDUSTRY

Irincheev M.A. (supervisor professor Doshlov O.I.)

National Research Irkutsk Technical University

 

Oil and its processing is a basic sector of the economy. Now the current tax system, which significantly reduces the economic efficiency of oil refining in Russia, to export oil. From 2015, the authorities intend to equalize the export duties on oil products and dark.

Problems in the petroleum industry, sooner or later manifest: the demand for motor fuel in Russia will grow, and oil from it will be left behind. And the volume of oil and volume of its processing and the quality of petroleum products.

A particular problem arises regularly in the market averages distillers. Russian refineries can’t simultaneously produce maximum amounts of frost diesel fuel and jet fuel. As a result, both markets are hostage to the cold weather. The main outcome in 2011 was the government's attention to the industry: oil delivered into the rigid framework adjusted fiscal system and agreements to modernize the facilities.

First time in many years, the government makes comprehensive measures to invest in oil refining capacity. Quadripartite agreement only set the right direction: the refinery upgrade is necessary, otherwise there will be penalties in antitrust cases.

Organizational form of conversion in the refinery sector should be innovative policy based on attractiveness, because market conditions impose certain requirements for payback. In addition to the above, you need to create a system of guarantees for investors, the system of innovative financing, the development of new forms of interaction between producer and consumer (leasing, licensing agreements, etc.).

Refining will live, and we just have to hope that the government's measures will achieve the desired effect in a few years the refinery modernization will bring expected results from it.