OFFSET TRANSACTIONS AS A TOOL FOR INDUSTRIAL GASIFICATION UNDER SANCTION RESTRICTIONS
https://doi.org/10.48137/26870703_2025_32_4_28
Abstract
This article examines the legal and technical potential of offset agreements as a strategic tool for addressing the gasification of domestic industrial facilities under the restrictions imposed by 19 sanctions packages. The relevance of this study stems from the need to ensure energy independence and sustainable development of Russian enterprises in a dramatically changed foreign economic environment. The authors analyze the legal nature of offset agreements and their advantages in aligning the interests of the state (as a guarantor of demand) and private businesses (as investors and contractors), particularly against the backdrop of ongoing processes in the global gas market among countries producing and consuming this hydrocarbon. Particular attention is paid to the mechanism that allows for the localization of gas equipment production and infrastructure construction in exchange for long-term government contracts. It is demonstrated that this model of interaction can serve as a catalyst for import substitution, stimulate interregional cooperation, and meet projected energy demand. The paper also identifies key risks and administrative barriers hindering the widespread use of offsets and offers practical recommendations for adapting this institution to accelerate the gasification of the real economy. This material may be of interest to government officials, industrial managers, entrepreneurs, and experts in energy and public-private partnerships. The article concludes with a series of conclusions, illustrated by examples.
About the Authors
A. I. BykovРоссия
Alexey I. BYKOV, PhD in Economics, Chief Specialist, Regional Relations Department
24, emb. Admiral Lazarev, St. Petersburg, 197110
A. N. Tsatsulin
Россия
Alexander N. TSATSULIN, Professor of the Department of Management, Doctor of Economics, Professor, North-West Institute of Management of the, Honorary Worker of Higher Professional Education of the Russian Federation, full member of the National Academy of Tourism, full member of the European Academy of Natural Sciences (Hanover, Germany)
7, b A., Kavalergardskaya St., St. Petersburg, 191015
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Review
For citations:
Bykov A.I., Tsatsulin A.N. OFFSET TRANSACTIONS AS A TOOL FOR INDUSTRIAL GASIFICATION UNDER SANCTION RESTRICTIONS. Geoeconomics of Energetics. 2025;(4):28-51. (In Russ.) https://doi.org/10.48137/26870703_2025_32_4_28
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