In the article the economic and legal mechanisms for the production sharing agreements implementation are discussed and the reasons of its low economic efficiency are revealed. Based on the analysis it is suggested to transform the state policy in the mineral resource complex from the short- to the long-term pattern of behavior.
In the article the administrative and legal regime of granting of a right to use subsurface mineral resources is considered and causes of its low economic efficiency are revealed. Based on this analysis it is suggested to transform the state policy in mineral resource complex from short-to long-term pattern of behavior.
Comprehensive analysis of different institutional models of investments is given for regional geological survey of the Continental Shelf of the Russian Federation. Specific risks of any specific investment model is described. State, general corporate and junior companies models are discussed. National Operator of Marine Petroleum Geological Surveys (NOGS) model is suggested as a reasonable pathway to decline risks and achieve mutual effectiveness of state and private investments. NOGS mission and some functional features as a state-owned public limited company opened for both portfolio and project private investments are shown.
The genesis of relationships in the sphere of bowels using in Russia especially the functioning of outlined institution on different historical stages is considered in the article. The necessity of bowels using perfection in Russia which gives the opportunity to create the complex state mechanism of regulation and coordination of the relationships in this sphere in the accordance with multy-directed interests of the subject ruling is concluded.