Technology commercialization: Experience of the U.S. and Possibilities for Oil and Gas Industry in Russia

摘要

US are leading the way in technology commercialization, while Russia lags far behind. This paper discusses the best American practices, situation in Russia and technology commercialization in oil and gas complex. Technology commercialization in Russia struggles for several reasons. In this paper, we propose that Russia can improve its technology commercialization by studying the example of the US. The best practices of US universities cannot be exactly replicated. It is necessary therefore to create a Russian model of technology commercialization that, while drawing on the spirit and general features of technology commercialization in the United States, is adapted for the specific conditions in Russia. The important overarching point is that it is necessary to improve technology commercialization in oil and gas industry, because they are really crucial for Russian economy. Peculiarities of technology commercialization in oil and gas industry are revealed. Possibilities of the carbon capture and storage (CCS) and enhance oil recovery (EOR-CO2) technologies commercialization in oil and gas complex of Russia are presented. Carbon dioxide sequestration by means of capturing and injecting it into the underground reservoirs is a promising mechanism of reducing carbon dioxide concentration. And also CCS might be used to EOR-CO2 and production by means of oil extraction and decreasing oil viscosity.