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DETERMINING THE ECONOMIC EFFICIENCY OF COAL MINE DEGASSING PROJECTS FOR THE STATE AND PARTICIPATING COMPANIES

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PDF: Author(s): Parmuzin P. N.,
Number of journal: 1(66) Date: February 2024
Annotation:

Development of the coalbed methane resource utilization industry largely depends on the application of sound methods and models for making economic and organizational and managerial decisions. The most important problem of the work on the development of gas-containing coal seams is their low economic efficiency. Such projects are characterized by lower revenue and higher costs compared to traditional gas production projects. However, the extraction of methane from coal seams solves a number of problems in coal regions that are not typical for traditional gas production. Projects for the extraction and use of coalbed methane are influenced by government policy. The Federal Government and regional authorities are interested in tax revenues from gas and coal extraction and processing activities, reducing accidents in coal mines, increasing employment, improving the environmental situation, and involving additional gas resources in economic turnover. To achieve this, the state can provide tax and other types of incentives to companies participating in projects for the extraction and processing of methane. The article presents recommendations on the formation of methodological approaches to assessing the economic efficiency of coal mine degassing projects. These approaches are based on the use of modern tools to assess the effectiveness of investments, taking into account the balance of interests of the state and companies participating in projects for the development of gas-containing coal seams and the application of sound methods for calculating the economic effects of coal mine degassing. The article also proposes a mechanism for determining the amount of government incentives, which will allow making informed decisions about the development of coal methane resources.

Keywords:

coalbed methane, mine degassing, investment efficiency, economic effect, indirect effect, integral effect, capital investments, operating costs, balance of interests, government incentives, rational development of resources

For citation:

Parmuzin P. N. Determining the economic efficiency of coal mine degassing projects for the state and participating companies. Biznes. Obrazovanie. Pravo = Business. Education. Law. 2024;1(66):110—115. DOI: 10.25683/VOLBI.2024.66.909.