The Oil And Gas Industry Development of Russia: Results And Prospects
The article describes the history of the establishment and performance of the Central Committee on Oil and Gas Development of Russia (Rosnedra) and the history of the oil and gas industry development of Russia respectively. According to the author the Central Committee on Development has lost its former strength and it should be revived. It is necessary for the normal development of oil industry and the whole Fuel and Energy Complex of the Russian Federation and the Republic of Tatarstan. Normal development means stable production for a long-term period which is able to meet the needs of the country and stable budget revenues at constant oil recovery factor increase, even with a possible decline in oil prices on the world market in two or more times in some crisis periods. The ways of revival of the Central Committee are represented.