In the section Articles
Title of the article Development of the Gas Market of the Eastern Regions of Russia
Pages 46-58
Author 1 Anatoly Vladimirovich Lagerev
Candidate of Sciences (Engineering), Senior Research Fellow
Melentiev Energy Systems Institute, Siberian Branch of the Russian Academy of Sciences
130, Lermontov St., Irkutsk, Russia, 664033
This email address is being protected from spambots. You need JavaScript enabled to view it.
ORCID: 0000-0001-6169-2977
Author 2 Valentina Nikolaevna Khanaeva
Candidate of Sciences (Economics), Senior Research Fellow
Melentiev Energy Systems Institute, Siberian Branch of the Russian Academy of Sciences
130, Lermontov St., Irkutsk, Russia, 664033
This email address is being protected from spambots. You need JavaScript enabled to view it.
ORCID: 0000-0003-4277-6723
Abstract The article presents the dynamics of the gas market development for two scenarios of the economy of the Eastern regions of Russia (Eastern Siberia, Far East). We have determined rational volume of natural gas required to meet the domestic demand of the Eastern regions for gas and the volume of its exports to the NEA countries. Based on the economic estimation of efficiency of different options of export (pipeline gas, LNG), we give the prognosis of the dynamics and structure of gas export from the Eastern regions of the country. Based on the calculations using the dynamic optimization model of the country’s fuel and energy industry the following conclusions can be made for the Eastern regions of Russia till 2035: the volume of gas consumption may increase 2.1–2.3 times up to 31–35 billion m3; the export of natural gas may increase to 70–71 billion m3 at projected ‘global’ prices; the gas extraction volume may constitute 107–113 billion m3 annually. Additionally, estimating the efficiency reserve of the Russian gas export allowed prioritizing, among new export projects in the East of Russia, LNG plants (Sakhalin-LNG-2, Far Eastern LNG) and the pipeline ‘Power of Siberia’, which would allow exporting 38 billion m3 of gas to China through the pipeline and 32–33 billion m3 of LNG to the markets of the NEA countries
Code 622.279.23/4:620.9:338.5
JEL L71, R11, Q37
DOI 10.14530/se.2019.3.046-058
Keywords natural gas ♦ LNG ♦ Eastern regions ♦ long-term forecast ♦ scenarios ♦ production ♦ consumption ♦ export ♦ markets ♦ prices ♦ efficiency ♦ North-East Asia
Download SE.2019.3.046-058.Lagerev.pdf
For citation Lagerev A.V., Khanaeva V.N. Development of the Gas Market of the Eastern Regions of Russia. Prostranstvennaya Ekonomika = Spatial Economics, 2019, vol. 15. no. 3, pp. 46–58. DOI: 10.14530/se.2019.3.046-058. (In Russian).
References 1. Bylkin A., Posypanko N., Lvova A. Domestic Gas Demand: A Trend towards Stagnation? VYGON Consulting, 2018, 43 p. Available at: http://vygon.consulting/upload/iblock/dfc/vygon_consulting_domestic_gas_demand.pdf (accessed September 2018). (In Russian).
2. Development Program for an Integrated Gas Production, Transmission and Supply System in Eastern Siberia and the Far East, Taking Account of Potential Gas Exports to China and Other Asia-Pacific Countries: Approved by the Decree of Minister of Industry and Energy on 3 September 2007, No. 340. Available at: http://www.consultant.ru/cons/cgi/online.cgi?req=doc&base=EXP&n=491137#017422286210019422 (accessed March 2019). (In Russian).
3. Draft of Energy Strategy of the Russian Federation for the Period up to 2035 (Revised from 1 February 2017). Ministry of Energy of the Russian Federation, 2017. Available at: https://minenergo.gov.ru/node/1920 (accessed November 2018). (In Russian).
4. Eastern Gas Program, 2019. Available at: http://www. gazprom.ru/projects/east-program (accessed March 2019). (In Russian).
5. Forecast of Socio-Economic Development of the Russian Federation until 2036. Ministry of Economic Development of the Russian Federation. Moscow, 2018, 47 p. Available at: http://economy.gov.ru/minec/about/structure/depmacro/201828113 (accessed March 2019). (In Russian).
6. Global Energy Outlook 2035. Russia in the Global Energy Market. BP. OilGasCom, 2019. Available at: http://oilgascom.com/prognoz-razvitiya-mirovoj-energetiki-do-2035-goda-rossiya-na-globalnom-rynke (accessed February 2019). (In Russian).
7. Kolbikova E., Timonin I. Global LNG Market: The Illusion of Excess. VYGON Consulting, 2018, 42 p. Available at: http://vygon.consulting/upload/iblock/542/vygon_consulting_lng_world_balance_2018.pdf (accessed September 2018). (In Russian).
8. Kononov Yu.D., Galperova E.V., Kononov D.Yu., Lagerev A.V., Mazurova O.V., Tyrtyshyi V.N. Methods and Models of Forecast Researches of Energy and Economic Relations. Edited by N.I. Voropai, Yu.D. Kononov. Novosibirsk, 2009, 178 p. (In Russian).
9. Makarov A.A., Tarasov A.E. Russian Gas Industry in the Post-Crisis Period. Research of Adaptation of Russian Energy to Post-Crisis Economic Development. Edited by A.A. Makarov, F.V. Veselova. Moscow: The Energy Research Institute of the Russian Academy of Sciences, 2018, pp. 157–170. (In Russian).
10. Oil and Gas Complex in Russia – 2017. Part 2. Gas Industry – 2017: Long-Term Trends and the Current State. Edited by A.E. Kontorovich. Novosibirsk: Trofimuk Institute of Petroleum Geology and Geophysics SB RAS, 2018, 62 p. (In Russian).
11. PJSC Gazprom Annual Report 2017. Available at: http://www.gazprom.ru/f/posts/85/227737/gazprom_annual_report_2017_rus.pdf (accessed March 2018). (In Russian).
12. Sobko A. American LNG: How Much Will It Be and What Will This the Price Be? Na Linii [Online], 2016, March 24. Available at: https://www.nalin.ru/amerikanskij-spg-skolko-ego-budet-i-po-kakoj-cene-1460 (accessed March 2019). (In Russian)
Financing The research was carried out under State Assignment, Project 174.2 (reg. No. ААА-А17-117030310435-0) of the Fundamental Research of Siberian Branch of the Russian Academy of Sciences

ISSN (Print) 1815-9834
ISSN (Online) 2587-5957

Minakir Pavel Aleksandrovich,
Editor-in-Chief
Tel.: +7 (4212) 725-225,
Fax: +7 (4212) 225-916,
 
Samokhina Lyudmila, Executive Editor
Tel.: +7 (4212) 226-053
Fax: +7 (4212) 225-916,
 
Editors
Tel.: +7 (4212) 226-053,
Fax: +7 (4212) 225-916,
 
To Editorial Staff of “Spatial Economics”
Economic Research Institute FEB RAS
153 Tikhookeanskaya St., Khabarovsk, RUSSIA, 680042

 

 

Creative Commons License
Unless otherwise noted, content on this site is licensed under a Creative Commons Attribution 4.0 International License