Article ID Journal Published Year Pages File Type
981308 Procedia Economics and Finance 2014 5 Pages PDF
Abstract

We have analyzed the function of hydrocarbon replacement in growth and competitive ability of the economy through the example of the Republic of Tatarstan which is an industrially developed region of the Russian Federation. This function consists of the following possibilities: provision of fuel-and-power resources; development of a complex of related sectors of chemical and petrochemical industry; region budgeting. As of today exploration of natural bitumens, which is however possible only under innovative approaches, is the most important method of expansion of hydrocarbon production. A wide complex of special innovative technologies is performed in the Republic of Tatarstan: lateral drilling; processing of bitumens in situ; increase of processing depth of bitumen raw materials. These technologies allow stabilizing hydrocarbon resources replacement. The described experience can be applied in any other region.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics