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Economic background for development of russian shelf deposits
Economics and management in fuel and energy complex industries

Authors: Nicholay S. BARANOV graduated from the Finance Academy under the Government of the Russian Federation specializing in ‚Accounting and Audit’ in 2006. In 2012 he graduated from the Moscow State Institute of International Relations (MGIMO) program and received MBA degree in ‚International Oil and Gas Business’. In 2013 defended Candidate of Sciences thesis in economics at Gubkin Russian State University of Oil and Gas. He is Head of the Department of Joint Projects with ‚Statoil’ at OAO ‚NK’ Rosneft”. He is author of 13 publications. E-mail: Baranov.nikolay@gmail.com

Abstract: The paper provides a rationale for prioritizing projects of offshore fields development from the perspective of accelerating economic growth in the country. The tendencies of the development of the oil and gas industry are considered, the effect of complex development of offshore projects is shown.

Index UDK: УДК 553.98

Keywords: offshore fields, economic growth, investment, localization of production, the Arctic

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