The US set an oil export ban after the Iranian crisis in the 1970s due to energy security issues. Since US oil production has been continuously diminishing, there had not been many issues until recently. However, after the hydraulic fracturing technology was introduced to development of shale in...

This paper deals with the analysis of the consequences of the abolition of export duties on crude oil and petroleum products as a necessary measure to create incentives to improve energy efficiency of the Russian economy and the elimination of underdevelopment caused by the unprecedented...

This paper examines the perspectives of Russian gas exports to Western Europe and the strategic options of the CIS gas transiting countries, namely Ukraine and Belarus. The development of a new transit corridor through Belarus (the Yamal-Europe pipeline), depriving Ukraine of its former...

Following the collapse of the Soviet Union, Western countries have signed several agreements regarding the use of hydrocarbon resources in the Caspian Basin, with the aim of diversifying their energy suppliers. However, recession in the world economy and persistently low oil prices have...

In an attempt to create more consistently pro-competitive antitrust policies, many countries have eliminated or restricted antitrust exemptions for firms engaged in export activity. Of the fifty-six countries surveyed, we find only seventeen which offer exporters an exemption from domestic...

Существующий в Российской Федерации механизм изъятия ресурсной ренты от продажи общенациональных ресурсов является путем покрытия неэффективности главным...

In 2016, Russia's crude oil production hit an all-time peak since 1990. Under the so-called tax maneuver in force in the oil industry, refining depth went up, production and export of fuel oil moved down and export of crude oil, a highly lucrative source of state budget revenues, increased

This paper shows both theoretically and empirically how raw material rich countries use export restrictions upstream to give manufacturing sectors downstream a competitive advantage. For young and relatively small industries this can be seen as a type of infant industry protection that takes...

The evolution of the Russian crude oil sector during the ongoing transition to a market economy is a fascinating case study in the determinants of state allocation of scarce transport capacity. Under socialism, the crude oil sector was a completely integrated monopoly and the all-Union...