Investments in Fixed Capital of the Oil and Gas Region as an Indicator of Its Readiness for the Financial Embargo and Transformation of the Global Energy Balance

Abstract

The financial embargo has a special impact on the economic systems of oil and gas regions. This is explained by the increased foreign trade turnover of oil and gas regions, as well as the high capital intensity of the oil and gas industry, a long period of return on financial investments, and the high profitability of innovative investments. The purpose of the study is to identify various aspects of the problem of investing in fixed assets in oil and gas regions, find ways, forms and methods of investment stimulation of their innovative production development and assess the possibilities of transitioning to new technological structures in the conditions of a financial embargo and the transformation of the global energy balance. Methods of regression analysis of the structure and dynamics of investment in fixed capital of organizations in the oil and gas regions of the Volga Federal District were used and polynomial trend lines were constructed until 2030. An economic analysis of the structure of investment in fixed capital of oil and gas regions was made by sources of financing, types of fixed assets, forms of ownership, types of economic activity, as well as a regression analysis of the dynamics and forecast of the balance (receipt minus withdrawal) of foreign direct investment in oil and gas regions according to the balance of payments of the Russian Federation. The result of the study was the development and justification of a system of priority factors for creating a favorable investment climate in oil and gas regions to increase their resistance to the conditions of the financial embargo and the economic transformation of the global energy balance.