E3S Web Conf.
Volume 258, 2021Ural Environmental Science Forum “Sustainable Development of Industrial Region” (UESF-2021)
|Number of page(s)||9|
|Section||Environmental Policy and Law|
|Published online||20 May 2021|
Economic and social benefits of a strategy of ecological monitoring for oil and gas companies operating in the Russian Arctic
1 Universiy of Maryland, 20742, Maryland, USA
2 St. Petersburg Polytechnic University in the name of Peter the Great, St. Petersburg, Russia
3 Institute of Economic Problems named after G.P. Luzin FRC KSC RAS, Apatity, Murmansk region, Russia
* Corresponding author: firstname.lastname@example.org
Ecological monitoring provides a more complete picture of the possible effects of extractive activities for oil and Gas companies operating in the Russian Arctic and in other ecological sensitive areas. This paper proposes a framework to evaluate the adequacies of different monitoring systems for Operations in the Arctic for oil and Gas companies. Our research also demonstrates how Ecological monitoring could be a useful strategic tool for long term risk reduction, accident avoidance and to improve the socio-economic development for indigenous communities.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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