Features of gas industry management in the conditions of sanctions and the choice of optimal economic instruments of risk management

Abstract

The objective is to determine the specifics of gas industry management under sanctions and to select the optimal economic risk management instruments. The main methods employed include analysis, synthesis, and study of articles and online resources on a given topic. The primary results of the study are as follows: identifying areas of public management of the gas industry under sanctions, statistical analysis of the dynamics of financial statements of key gas companies, and analysis of the risk management instruments they use. The findings of the research can be used to conduct classes and prepare courses on the relevant topic. As a prospect for future research, the possibility of conducting a detailed analysis of the identified economic risk management instruments and, subsequently, formulating a specific conceptual framework based on them can be noted. Based on the results of the study, the following conclusions can be drawn: the state provides the maximum possible assistance to gas companies in Russia, focusing on reducing the negative impact of sanctions; the dynamics of financial statements of the three largest gas organizations allow us to conclude that their position in the market has stabilized and they have adapted to the prohibitive measures; there are a number of instruments that have proven their effectiveness in gas companies that can be used by other organizations in the desired business sector.