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Region: Economics and Sociology

2023 year, number 3

OPPORTUNITIES FOR THE DEVELOPMENT OF TYUMEN OBLAST BASED ON OIL AND GAS INNOVATIONS

V.A. Kryukov, A.N. Tokarev
Institute of Economics and Industrial Engineering, Siberian Branch of the Russian Academy of Sciences
Keywords: resource region, oil and gas sector, Tyumen Oblast, innovation, diversification, socio-economic development, cluster, knowledge-intensive suppliers, oil and gas services

Abstract

In the context of regional development, innovation and diversification are currently recognized as main strategic drivers. Particularly promising is the convergence of these areas, known as diversification based on innovation. For the resource sector of the economy and resource regions, such diversification entails the development of knowledge-intensive suppliers and high-tech services, often within specialized clusters. Given the increasing complexities of the resource base in the oil and gas sector and the pressures of sanctions, these objectives have gained significant relevance in Russia. A compelling illustration can be found in the establishment of a competitive oil industry cluster in the southern part of Tyumen Oblast. It is shown that this cluster has the potential to be a crucial catalyst for the socio-economic progress of the region. However, for the oil industry cluster to contribute sustainably to the region’s economic growth in the long term, it necessitates a substantial share of innovative projects. These projects should be science-intensive and deliver high added value, while effectively addressing all the emerging challenges associated with changes in the primary assets of the oil and gas sector in Western Siberia.