graduate student
The Russian Caspian shelf zone is currently a key region for hydrocarbon production growth. The discovery of the northern Caspian's oil and gas potential in the early 1990s was a major industry sensation, leading to the adoption and implementation of the State Program for the Study of the Russian Sector of the Caspian Shelf. This study proposes a differentiated approach to selecting mechanisms for realizing the oil and gas potential of the coastal regions of the Russian sector of the Caspian Sea. A comparative analysis of the Astrakhan Region, the Republic of Kalmykia, and the Republic of Dagestan identifies three stages of resource development: mature, initial, and pre-project. A range of organizational and economic tools is substantiated for each stage: agreements with large domestic vertically integrated oil and gas companies, promising public-private partnership mechanisms, and cluster mechanisms. It is demonstrated that applying uniform approaches to regions with different levels of development is ineffective and leads to the enclave-like, fragmented nature of the development of the oil and gas sector, which is crucial to the Russian national economy.
Caspian Sea, oil and gas potential, regional development, mechanisms for realizing potential, differentiated approach, Astrakhan region, Republic of Dagestan, Republic of Kalmykia, LUKOIL, development stages, public-private partnership
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