FORMATION OF VALUE CHAIN FOR OIL AND GAS PRODUCTS

Author:

G. O. Aitshanova,
Postgraduate Student
Omsk Humanitarian Academy,
2а 4th Cheluskintsev st., Omsk, 644105, Russian Federation
ORCID ID: https://orcid.org/0000-0001-6678-458X
e-mail: gal132002@mail.ru
O. Yu. Patlasov,
Doctor of Economics, Professor, Chief Specialist
of the Federal State Budget Educational Institution of Higher Education K. G. Razumovski
Moscow State University of Technologies and Management,
Vice-rector of the Omsk Humanitarian Academy,
2а 4th Cheluskintsev st., Omsk, 644105, Russian Federation
ORCID ID: https://orcid.org/0000-0003-2015-1474
Scopus Author ID: 56437696900
e-mail: opatlasov@mail.ru

Abstract:

Introduction. This article discusses the problems of transition to a new technological structure, is-sues of the pricing system and formation of value chain for oil and gas industry, which includes such opera-tions as exploration and development, production and sale of products for a typical oil and gas complex. The methodology of the value chain is examined, which evaluates the prospects of their state and develop-ment. The tasks of managing the value chain, the solution of which will lead to the achievement of econom-ic efficiency, growth of investment attractiveness and competitiveness of commodity companies are given.

Materials and Methods. The study is based on the review of scientific literature and foreign experi-ence, the collection of secondary data from existing analytical reports and other sources of Russian statisti-cal data in oil and gas industry. In all countries of the world, state regulation of oil product pricing is pre-sent to greater or lesser degree.

Results. Investment attractiveness and competitiveness depend on the value and composition of val-ue added. To strengthen the advantages, the companies should analyze a value chain of oil and gas produc-tion. The method of the value chain management, which provides a possibility to make economically well-founded strategic decisions, is given. A decrease in the share of oil and gas revenues in the Russian budget is demonstrated. It is proved that the EU Directive on the requirement to add biofuels to fuel is an obstacle to the supply of domestic hydrocarbons with advanced processing into gasoline, kerosene, and diesel fuel.

Conclusions. Pricing and value chain analysis is an important method for assessing the competitiveness of companies. The value chain is a complete process of activity, including R&D, design, production, market-ing and distribution, deep processing of oil and gas products, and supply. The focus is on the effective man-agement of value chains. The scope and complexity of the global crude oil trade are specific among physical commodities. Modeling the process of pricing for oil and petroleum products within a single technological chain is associated with the identification of all circumstances affecting the formation of prices. The oil and gas industry in the information economy should increase the science intensity and depth of processing of raw materials, including in related industries.

Keywords:

Primary industries, processing depth, value chain, oil and gas revenues, pricing.