Import Substitution in the Energy Industry of the Russian Federation: Current Status, Problems and Prospects

Abstract

This article is devoted to the analysis of the current stage of the import substitution program implementation in the energy sector of Russia. The foreign states’ sanctions have revealed the dependence of the domestic fuel and energy complex on the equipment and technologies imports and engaging of the foreign specialists. Despite the achieved success, Russian fuel and energy complex faces a number of tasks that have to be solved in cooperation with federal authorities, suppliers of substituted goods and technologies, consumers, producers in order to maximize the efficiency of taken measures.