Pricing and Reimbursement in Russia - Big Pharma Take Advantage of Reimbursement for Costly Drugs Through the DLO's Seven Nosologies Program
- Language: English
- 53 Pages
- Published: April 2012
- Region: Russia
This Frost & Sullivan’s Energy Country Industry Forecast service provides vital inputs for evaluating the attractiveness of a country and its energy industry. Besides enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct a more in-depth micro research.
Globally, both demand- and supply-side investments play vital roles in driving the energy industry. In a tough financing environment, cutbacks in capital expenditure and project delays have affected global upstream and downstream markets across the world. Therefore, governments have been carefully monitoring the domestic energy requirement levels and energy security-related aspects in a bid to sustain investment levels and ultimately, improve economic growth. Ultimately, the political and policy establishment plays a critical role in prioritizing this industry in the development agenda of a country. General political policies greatly affect this industry and industry-specific policies, wherever effectively enforced, provide added impetus. The economy of the country plays a huge role in strengthening and boosting the industry with its effective trade ties and inflows of foreign direct investment (FDI). These, in turn, determine the performance of the energy industry.
Russia is battling the combined impact of the global economic and financial downturn. Nevertheless, investors may enter the Russian market for its high return on investment, even as world oil prices rise post 2010. The Russian Government is expected to strategize to protect its economy from the volatile economic fluctuations caused by energy prices and supply. Russia will look to maintain overall international relations with its energy trading partners in a bid to continue funding its domestic social programs with the revenues earned from energy exports to rest of the world. With the country’s economic growth and budgetary outlay heavily tied to the price of energy exports, its political leadership has laid stress on policies supporting domestic oil and natural gas production.
The oil and gas industry generates almost half of Russia's federal budget. An enormous revenue deficit due to fluctuating energy prices, therefore, dampens Russia’s economic growth and weakens investor sentiments. However, in the long term, investors in the energy sector can expect the Russian government to overhaul the tax system due to the financial downturn, thereby creating opportunities in areas of production, geological-related exploration services, modernization of oil recovery and refining systems, drilling and production platforms, vessels and marine equipment, as well as ship building activities. Additionally, Russia is expected to encourage the export of liquefied natural gas (LNG), even as the energy sector is reeling under the pressures of possible cancellations and lowered capital expenditure. In the future, the Russian LNG production is expected to trigger demand for pipelines, enabling distribution among its end users. The expansion of LNG is likely to create opportunities for investors in transportation and storage facilities (particularly terminals), LNG shipping technologies, development of floating storage, and re-gasification units for deployment in remote regions of Russia.
Expert Frost & Sullivan analysts thoroughly examine the following benefits in this research:
Identify New Market Opportunities
The future trends of the political and policy environment of Russia have been analyzed along with their impact on the energy industry. This analysis will provide valuable information to industry participants on opportunities in specific segments of the industry.
Understand Future Industry Trends
The research gives an insight into the Russian energy industry, one of the most dynamic markets, discusses its dependence on the prevailing political and policy scenario, and forecasts the future environment. This will help industry participants to gauge the future direction of the market, enabling them to devise appropriate strategies to improve market share.
Comprehend the Economic Environment
A detailed analysis of the policy and regulatory framework of Russian energy industry provides insights into the regulatory environment, as it exists, and the future direction of the same. This is particularly beneficial in the case of the energy industry, as the regulations form an important criterion for industry performance
Devise Country Entry Strategies
The study provides a pertinent analysis of the strengths and weaknesses of the political and policy environment of Russia. This is particularly useful in devising country-specific strategies for industry participants.
Evaluate Industry Segment Potential
This research offers detailed coverage of political issues as well as industry-specific and macro economic policies impacting the industry. It provides both country and industry trends and forecasts for major variables and is an excellent tool for companies that plan to enter new geographic markets. This will help corporate planners in developing accurate business plans and planning company resources. SHOW LESS READ MORE >
- Industry Overview
- - 1. Snapshot of the Industry
- - 2. Definition of Industry Segments
2 POLITICAL OVERVIEW
- Political Trends and International Relations
- - 1. Political Structure
- - 2. Political Outlook
Russia’s Role in the Energy Industry
- - 1. Importance of the Russian Energy Industry
- - 2. International Relations
- - 3. Role of G8
3 BUSINESS AND INDUSTRY POLICIES
- Macroeconomic Policies
- - 1. Role of Energy in Russia’s State Budget
- - 2. Fiscal Policy
- - 3. Monetary Policy
- - 4. Investment Policy
- - 5. Trade Policy
- Industry-specific Policies
- - 1. Overview of Energy Strategy of Russia for the Period until 2020
- - 2. Assessing the Implementation of the Energy Strategy
4 IMPLICATIONS AND GROWTH OPPORTUNITIES
- - 1. Implications of Political and Policy Trends
- - 2. Business Growth Opportunities