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Diversification of Export Deliveries as a Way to Increase the Sustainability of Russian Gas Companies


Nazar Galayda
(about the author)

Galayda Nazar Petrovich –

Published in:
Russian Journal of Entrepreneurship
– № 3-1 / March, 2011



Keywords: business diversification, business sustainability, companys marketvalue, crisis, export deliveries, gas industry, gazprom ojsc


Citation:
Nazar Galayda (2011). Diversification of Export Deliveries as a Way to Increase the Sustainability of Russian Gas Companies. Russian Journal of Entrepreneurship, 12(3), 110-117. — url: http://bgscience.ru/com/lib/2775


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Abstract:

The crisis of 2008-2009 has shown the need to change the main criteria of company’s successful development. Nowadays, instead of net profit growth and market value of enterprise, such an indicator should be sustainability of company’s business development. Analyzing the performance of Gazprom OJSC and changes in the natural gas market in Europe, the author concludes that sustainability of Russian gas sector companies should be increased through the diversification of exports to the Asia-Pacific Region.







References:
1. Alaytseva T.V. Osobennosti konyyunktury sovremennogo rynka nefti. Samara: Izdatelstvo Samarskogo gosudarstvennogo universiteta, 2008.
2. Gusykov V., Zhakupova Zh.. Analiz razvitiya gazovoy otrasli. Almaty.: Izdatelstvo BTA, 2009.
3. World Energy Outlook 2008. International Energy Agency, 2008.