Realist: news and analytics

Русский/English/العربية

  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts
No Result
View All Result
Realist: news and analytics
  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts
No Result
View All Result
Realist: news and analytics

Dependence of the Russian fuel and energy sector on import is growing

Thanks to the sanctions, it was possible to disrupt the enslaving, suicidal and absolutely unprofitable for Russia obligations of cooperation with foreign partners. By some miracle, Russian factories and design bureaus have freed themselves from the industrial dictatorship of Siemens and General Electric, to which, in the early and mid-2010s, Russian officials and effective managers from the fuel and energy complex handed over for a song not only the domestic market, but also all its scientific, personnel and production capacities combined.

   
April 29, 2023, 04:27
Business & Energy
Image: leader-expert.ru

Image: leader-expert.ru

MOSCOW (Realist English). The materials of the Lomonosov readings, which took place at the beginning of April this year are quite interesting. During the studied period 2012-2021, the average value of dependence on equipment imports in the oil and gas sector is 30%, including 51% in oil production, 37% in electric power generation and heat supply, 55% in the coal sector and mining industry. Since 2019, the share of imports has been increasing.

The only sector in which there has been a steady decline in dependence on imports is electric power generation and heat supply.

The Institute of National Economic Forecasting of the Russian Academy of Sciences (INEF RAS), which collected these statistics, explains the positive trend by some mythical localization in Russia of capacities for the production of high-power gas turbines. They write about effective joint ventures with foreign leaders in this field.

They recall how in 2011 Siemens Gas Turbine Technologies LLC was created with the participation of Siemens, which launched in 2015 a factory complex for the production of powerful turbines in the Leningrad region. And how in 2011 Russian Gas Turbines LLC was created with the participation of General Electric, which launched a plant for the production of gas turbine units in the Yaroslavl region in 2014.

But we know what the reason is. Thanks to the sanctions, it was possible to disrupt the enslaving, suicidal and absolutely unprofitable for Russia obligations of cooperation with foreign partners. By some miracle, Russian factories and design bureaus have freed themselves from the industrial dictatorship of Siemens and General Electric, to which, in the early and mid-2010s, Russian officials and effective managers from the fuel and energy complex handed over for a song not only the domestic market, but also all its scientific, personnel and production capacities combined. When the “life—giving sanctions” arrived, the Western feudal lords left heavy energy engineering. And Russian engineers suddenly found themselves without English-speaking clerks.

And more time. At the time of the criminal surrender of the ultra-profitable Russian market to Siemens, General Electric, Fortum and other colonizers, Russian enterprises and design bureaus already had in their hands all the required technologies not just for autonomous development, but even for advanced development. Now, for some reason, analysts from the INEF RAS are doing a somersault in a jump, trying to attribute the merits of Russian energy to foreign developers. The country was given a chance to breathe and develop: for this, there is no need to thank those who had been strangling and raping it.

Despite fawning over the “white master”, which is probably required by the diplomatic etiquette of sponsors, there are very sound recommendations in the materials of the INEF RAS:

It is advised to introduce into the practice of regulating investment projects the calculation of the degree of localization along the entire technological chain. Simply put — to look closely at the components, and not just the label of the final product.

In principle, to redirect at least 1% of GDP to the field of research and development. This value is explained by the fact that Russia’s annual total R&D costs are estimated at 2.1%, of which only 1 percentage point is provided by domestic costs and 1.1 percentage points are imported in the form of foreign technologies, equipment and software.

Parallel to technological sovereignty, they propose to engage in technological expansion and export.

It remains to add to this that at the end of 2022, Deputy Prime Minister Alexander Novak proposed to consolidate the mechanism for collecting information on the demand for domestic equipment and unite oil and gas companies as part of the founders of INTI to unify corporate standards. When at least this meager amount has been done, it will be possible to assert that meaningful work has begun on technological sovereignty in the fuel and energy sector. So far, we are observing not the job done, but rather a confluence of happy historical circumstances.

RussiaRussia’s EconomyRussia's Energy
Previous Post

Demographic crisis in Russia: the country will be saved by large families, not the importation of migrants

Next Post

China wants a friendly Ukraine and a decent way out of the conflict for Russia — SCMP

Related Posts

U.K. economy shrinks again in May amid U.S. tariffs and business uncertainty
Business & Energy

U.K. economy shrinks again in May amid U.S. tariffs and business uncertainty

11 July, 2025
Nvidia briefly hits $4tn market cap, leading AI-driven tech rally
Business & Energy

Nvidia briefly hits $4tn market cap, leading AI-driven tech rally

10 July, 2025
FBI launches criminal investigation into former CIA and FBI chiefs over 2016 Russia probe
Business & Energy

EU closes in on Trump trade deal as UK secures better terms

9 July, 2025
Samsung profits plunge 56% amid Nvidia delays and US chip restrictions
Business & Energy

Samsung profits plunge 56% amid Nvidia delays and US chip restrictions

8 July, 2025
Software, speed, and code: FY2026 budget reveals how the Pentagon plans to fight tomorrow’s wars
Business & Energy

Trump threatens 10% tariffs on nations aligning with BRICS

7 July, 2025
Speer Group launches Germany’s first defence-focused venture fund to bridge critical investment gap
Business & Energy

Canada bets on LNG to fuel its energy future and counter US trade risks

4 July, 2025
Most Popular
Most Popular
FBI launches criminal investigation into former CIA and FBI chiefs over 2016 Russia probe

FBI launches criminal investigation into former CIA and FBI chiefs over 2016 Russia probe

9 July, 2025

WASHINGTON (Realist English). The Federal Bureau of Investigation has opened criminal investigations into former CIA Director John Brennan and former...

Roman Starovoit

Roman Starovoit and the collapse of a technocratic glossy dream

8 July, 2025

MOSCOW (Realist English). I can’t stop thinking about the story of Roman Starovoit. If you think about it, the former...

Software, speed, and code: FY2026 budget reveals how the Pentagon plans to fight tomorrow’s wars

Putin calls for deeper BRICS cooperation and new financial infrastructure at Rio summit

7 July, 2025

RIO DE JANEIRO (Realist English). Russian President Vladimir Putin called for stronger integration among BRICS nations and greater independence from...

Elon Musk announces launch of third party after fallout with Trump

Elon Musk announces launch of third party after fallout with Trump

6 July, 2025

WASHINGTON (Realist English). Billionaire entrepreneur Elon Musk announced on Saturday the formation of a new political force — the America...

Opinion

Roman Starovoit

Roman Starovoit and the collapse of a technocratic glossy dream

8 July, 2025

MOSCOW (Realist English). I can’t stop thinking about the story of Roman Starovoit. If you think about it, the former...

Bezos’s Venetian wedding: a manifesto of new feudalism

Bezos’s Venetian wedding: a manifesto of new feudalism

30 June, 2025

VENICE (Realist English). When Jeff Bezos rents half of Venice for a $50 million wedding, it is more than the...

Not Mossad’s strength — but Iran’s weakness

Not Mossad’s strength — but Iran’s weakness

16 June, 2025

TBILISI (Realist English). The recent targeted assassinations of senior IRGC commanders and high-ranking Iranian officers are not simply the triumph...

The Church belongs to Christ, not to politicians: The Armenian Apostolic Church becomes a casualty of Yerevan’s political agony

The Church belongs to Christ, not to politicians: The Armenian Apostolic Church becomes a casualty of Yerevan’s political agony

12 June, 2025

YEREVAN (Realist English). First, they handed over part of the Holy Land to the Baku fascists, betraying the Armenians of...

All rights reserved.

© 2017-2025

  • About Us
  • Mission and Values
  • Contact Us
  • Privacy Policy

Follow Realist English

No Result
View All Result
  • News
  • Russia
  • Caucasus
  • Opinion
  • Interviews
  • Experts

Русский/English/العربية