Subject. This article discusses the importance of cooperation between Russia and Norway for the development of the Russian oil and gas industry. Objectives. The article aims to analyze the results of cooperation between Russia and Norway in the field of oil and gas production for 2000–2022. Methods. For the study, we used content analysis, statistical analysis, and deduction. Results. The article finds that for the period from 2000 to 2021, cooperation between Russia and Norway in the field of natural resources extraction was positive, which is explained by the importance of the oil and gas industry for the economies of the two countries and the great prospects for the development of Arctic fields. Conclusions. In 2022, the imposition of sanctions against Russia caused the Norwegian companies' refusal to participate in joint projects in the energy sector. In the short and medium term, Norwegian investment in the Russian oil and gas industry should not be expected.
Keywords: Russia, Norway, energy, oil and gas project
References:
Sumin A.M. [Energy policy of Norway. Part 2. The oil and natural gas production sector. The dichotomy of the Norwegian energy policy. Russian-Norwegian energy cooperation]. Aktual'nye problemy nefti i gaza, 2020, no. 1. (In Russ.) URL: Link
Söderbergh B., Jakobsson K., Aleklett K. European Energy Security: The Future of Norwegian Natural Gas Production. Energy Policy, 2009, vol. 37, iss. 12, pp. 5037–5055. URL: Link
Tvinnereim E., Lægreid O.M., Fløttum K. Who Cares about Norway's Energy Transition? A Survey Experiment about Citizen Associations and Petroleum. Energy Research & Social Science, 2020, vol. 62. URL: Link
Krivorotov A.K. [Prospects for Russian-Norwegian cooperation in developing Arctic continental shelf]. Zapiski Gornogo instituta = Journal of Mining Institute, 2013, vol. 201, pp. 268–271. URL: Link (In Russ.)
Aleksandrov O.B., Kirgizov-Barskii A.V. [Russia and Norway in the Arctic. Moving towards or away from partnership?]. Svobodnaya mysl' = Free Thought, 2020, no. 2, pp. 85–94. URL: Link (In Russ.)
Isaeva E.A. [Prospects for Russian gas supplies to Europe]. Innovatsii i investitsii = Innovation & Investment, 2018, no. 9, pp. 227–232. URL: Link (In Russ.)
Piatyshev K.O., Flegontov N.A. [Impact of COVID-19 on the place of Russian energy exports in the global and national economy]. Gorizonty ekonomiki = Horizons of Economics, 2021, no. 5, pp. 121–129. (In Russ.)
Mikulska A. Gazprom and Russian Natural Gas Policy in the First Two Decades of the 21st Century. Orbis, 2020, vol. 64, iss. 3, pp. 403–420. URL: Link
Rutland P. Petronation? Oil, Gas, and National Identity in Russia. Post-Soviet Affairs, 2015, vol. 31, iss. 1, pp. 66–89. URL: Link
Guliev I.A., Markin A.S. [Russia-Norway transboundary fields development cooperation in the Barents Sea]. Evraziiskii yuridicheskii zhurnal = Eurasian Law Journal, 2018, no. 4, pp. 75–90. URL: Link (In Russ.)
Nikitin B.A., Dzyublo A.D. [Prospects for development of Russian Arctic offshore gas resources]. Vesti gazovoi nauki, 2017, no. 4, pp. 15–24. URL: Link (In Russ.)
Shvets N.N., Beresneva P.V. [Oil and gas in the Arctic: legal status and reserves]. Vestnik MGIMO-Universiteta = MGIMO Review of International Relations, 2014, no. 4, pp. 60–67. (In Russ.) URL: Link
Shvets N.N., Travin L.V., Basov E.V., Filippova A.V. [Prospects of electrification of the Arctic zone of the Russian Federation with the use of high-voltage DC power transmission in the context of energy security]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2021, no. 12, pp. 547–550. (In Russ.)
Yergin D. The Quest: Energy, Security, and the Remaking of the Modern World. New York, Penguin Press, 2011, 832 p.
Yergin D. The New Map: Energy, Climate, and the Clash of Nations. New York, Penguin Press, 2020, 512 p.
Zhiznin S.Z., Timokhov V.M. [International technology cooperation in power industry]. Izvestiya Sankt-Peterburgskogo gosudarstvennogo ekonomicheskogo universiteta, 2017, no. 1-2, pp. 25–32. URL: Link (In Russ.)
Berg E., Boug P., Kverndokk S. Norwegian Gas Sales and the Impacts on European CO2 Emissions. Energy Economics, 2001, vol. 23, iss. 4, pp. 427–456. URL: Link00080-3
Shvets N.N., Filippova A.V., Basov E.V., Uzhanov A.E. Mezhgosudarstvennye elektroenergeticheskie ob"edineniya: monografiya [Interstate electric power associations: a monograph]. Moscow, Moscow State Institute of International Relations Publ., 2020, 233 p.
Dryakin A.B. [Russia's energy diplomacy in the Asia-Pacific: key aspects and trends]. Izvestiya vysshikh uchebnykh zavedenii. Povolzhskii region. Gumanitarnye nauki = University Proceedings. Volga Region. Humanities, 2014, no. 4, pp. 102–110. URL: Link (In Russ.)
Shakhovskaya L.S., Popkova E.G., Dzhindzholiya A.F., Kabanov V.A. [The shale revolution: Myths and reality]. Natsional'nye interesy: prioritety i bezopasnost' = National Interests: Priorities and Security, 2015, vol. 11, iss. 32, pp. 14–24. URL: Link (In Russ.)