FORMING ECOLOGICAL AND ECONOMIC MANAGEMENT MECHANISMS IN OIL AND GAS INDUSTRY TAKING INTO ACCOUNT NEW GLOBAL REQUIREMENTS

The main constituents of the environmental-economic mechanism for the oil-and-gas sector are specified. A concept of environmental strategy is developed for oil-and-gas companies, which is based on the Kyoto Protocol procedures. Possibilities to introduce economic and engineering methods in the oil-and-gas sector are determined in order to reduce the amount of greenhouse gases emission in the framework of international conventions. Measures to combine environmental and economic effects in the oil-and-gas industry through introduction of mechanisms to reduce CO2 emissions are justified. Possible economic effects are assessed as resulting from introduction of principles and mechanisms of the Kyoto Protocol.