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Comparative Analysis of Offshore Projects Impact on Coastal Regions’ Economy Development

Student: Noshchenko Olga

Supervisor: Valery A. Krukov

Faculty: Faculty of World Economy and International Affairs

Educational Programme: World Economy (Master)

Year of Graduation: 2017

The thesis is devoted to the analysis of the coastal regions socio-economic developments occurring under the impact of offshore petroleum projects. The study compares socio-economic consequences of the Norwegian project "Snow White" for the Hammerfest and possible impacts of the Russian Arctic project "Shtokman" for the Murmansk region. Methodology based on the "Input-Output" model underlies the calculations of the regional ripple effects of the petroleum industries for both countries. Based on the computational data and detailed analysis of the oil and gas resources management in Russia and Norway, the most efficient conditions for the offshore petroleum projects were determined in terms of their impact on the economic development of coastal regions.

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