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FORECASTING THE DEVELOPMENT OF FUEL AND ENERGY ENTERPRISES AS A MEANS OF REGIONAL PLANNING IN THE RUSSIAN FEDERATION

D.V. Rodnyansky, I.N. Makarov, G. Abdrashitova

First published: 2017https://doi.org/10.5593/sgemsocial2017/13/S03.039View metrics

Abstract

This article is concerned with the study of fuel and energy companies’ influence on the regional development. The base material sector is the basis for the development of productive forces and increasing the competitiveness of the Russian economy. Correlation analysis of indicators for the period 2000–2015 used in the article allowed to make an objective assessment of the energy sector state, as well as to identify the dependence of oil companies’ revenue on various factors. The analysis revealed the significant factors defining the revenue dynamics of energy companies in four studied regions of Russia. The authors have proved the reasons for companies’ revenue dependence on external environment indicators. According to the external environment indicators, a forecast on revenue of FEC (Fuel and Energy Complex) companies was made for 2016. Moreover, the article reveals problems specific to energy complex of the Russian Federation that hamper the effective development of the complex.

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Publication details

Title
FORECASTING THE DEVELOPMENT OF FUEL AND ENERGY ENTERPRISES AS A MEANS OF REGIONAL PLANNING IN THE RUSSIAN FEDERATION
Authors
D.V. Rodnyansky, I.N. Makarov, G. Abdrashitova
Proceedings
4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017
Publisher
STEF92 Technology
Year
2017
Pages
303-310
SWS Citekey
Rodnyansky20173303310
ISSN
2367-5659
ISBN
978-619-7408-15-7
Language
en
Publication type
Proceedings Paper
Proceedings contents
Open official contents
Keywords
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