Plekhanov Russian University of Economic, Moscow, Russia

I. M. Potravny, Professor, Doctor of Economic Sciences

Gubkin Russian State University of Oil and Gas, Moscow, Russia

A. L. Novoselov, Professor, Doctor of Economic Sciences
A. A. Pelmeneva, Associate Professor, Candidate of Economic Sciences, anastasia_plmn@mail.ru

Financial University under the Government of the Russian Federation, Moscow, Russia

I. Yu. Novoselova, Professor, Doctor of Economic Sciences

The article considers the issues of factor analysis of the effectiveness of hydrocarbon production projects on the Arctic shelf, taking into account the development of the Northern Sea Route. In order to assess the effectiveness of such projects, an integral indicator that combines the criterion of economic efficiency (return on investment) and the criterion of project performance within a given time frame is proposed. It is proposed to analyze the change in the integral indicator of project efficiency under the influence of five risk factors: political, social, economic, geological, environmental and climatic. The use of the proposed factor analysis allows tracing changes in economic efficiency and deviations from the scheduled implementation timeframe, and enables goal-oriented control of a project to be eco-friendly and economically beneficial.

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