The Oil and Gas Complex of Russia as a Guarantor of the Country's Energy Security in a Pandemic

The relevance of this study lies in the fact that the modern oil market is characterized by instability and high competition. Depletion of oil fields, deterioration of equipment for oil production, price volatility and political conflicts negatively affect Russia's position in the global energy market.
The new economic conditions in 2021 are associated with a decrease in demand for oil and products from it, high dependence on imports, and the suspension of wells to complete a deal under OPEC ++, which will lead to a market drop by 3-10%
The purpose is to conduct a comparative analysis of Russian oil and gas companies at the regional and global levels in a pandemic.
Objectives: give a general description of the global oil and gas market in a pandemic; to characterize the positions of financial and industrial groups in the oil and gas sector of the economy during the 2020 pandemic; consider the forecasting of analysts and experts in the oil and gas sector for Russia, taking into account global trends.
Methodology. The initial materials were statistical data from the Center for Macroeconomic Analysis and Short- Term Forecasting, the Ministry of Economic Development of Russia, the Analytical Center under the Government of the Russian Federation, and world rating reports.
Results. The pandemic and self-isolation of 2020 has led to a decrease in the intensity of global supply chains, affecting Russian VNGs, TNCs and IOCs in the oil and gas sector. The Russian oil and gas sector has lost 50-60% of its proceeds from hydrocarbon exports, more than 50% of its capitalization. The Ministry of Industry and Trade of Russia will allocate 35 billion rubles to support the industry. until 2024.
Conclusions. Russian VNG, TNK and IOC today operate in conditions of a negative damper, contraction of the domestic market, reduction of crack spreads and restrictions on production growth, so the following is relevant for them: for VNG - search for new sales markets (for example, Asia); for TNK - the use of innovative technologies to maintain the profitability of oil and gas production through the development of Bazhen and Achimovka; for IOCs - development of small deposits and deposits with hard-to-recover reserves.

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