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The competitive situation of Russian oil: a case study of Lukoil
1999 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

When the former Soviet Union was dissolved, public oil companies were established. One of those, Russia’s largest oil company LUKOIL, has been examined in this thesis. The purpose of this thesis was to assess LUKOIL’s short and long run competitiveness in 1996, and also to discuss the future competitiveness on the international market. LUKOIL’s production costs, tax expenses and the political and economical situation in Russia have been examined. The model used to asses the competitiveness of LUKOIL was the Supply Analysis Model. Short and long run production costs have been calculated from secondary data. The conclusion is that LUKOIL was competitive both in the short and the long run. The most critical question is the future tax level. The political-economical situation is very important for LUKOIL’s future situation. LUKOIL can be highly competitive on the world market if the Russian tax level is lowered down to Western levels.

Place, publisher, year, edition, pages
1999.
Keyword [en]
Social Behaviour Law, LUKOIL, competitiveness, production costs, Russian oil, ATC, AVC, marginal cost, supply analysis model
Keyword [sv]
Samhälls-, beteendevetenskap, juridik
Identifiers
URN: urn:nbn:se:ltu:diva-53539ISRN: LTU-SH-EX--99/56--SELocal ID: a8c969bc-36a8-4113-8c28-b7469f078adbOAI: oai:DiVA.org:ltu-53539DiVA: diva2:1026914
Subject / course
Student thesis, at least 15 credits
Educational program
Economics, bachelor's level
Examiners
Note
Validerat; 20101217 (root)Available from: 2016-10-04 Created: 2016-10-04Bibliographically approved

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