Spatial and economic integration of the innovative and industrial potential of oil and gas regions to improve their economic security

The development of effective economic security systems for oil and gas regions in the context of sanctions impacting the Russian economy, a significant portion of whose revenue comes from oil and gas exports, is possible through the territorial and intersectoral adaptation of regional innovative industrial complexes to address the common challenges of developing high-tech, import-substituting methods for extracting and processing hard-to-recover hydrocarbon resources. The objective of this study is to develop innovative industrial criteria for the economic security of oil and gas regions and rational options for their spatial and economic integration within the Volga-Ural oil and gas province, relevant given changing national institutional settings and macroeconomic indicators. To achieve this goal, the following objectives were set and addressed: an economic and theoretical review of neo-industrialization pathways in the new Russian context of spatial economic interactions and the institutional framework for integrated subsoil development using regional innovative industrial infrastructures in the context of an accelerated transition to national technological sovereignty; an economic and theoretical review of the organizational, managerial, investment, and financial barriers to the economic security of oil and gas regions, threats to their economic security in the focus of Russia’s anti-sanction geostrategic policy, and the adaptation of the country’s spatial and economic structure to the mechanisms of its imbalance and the emergence of crises; a regression and structural analysis of the volume of shipped goods of domestic production, completed work, and services in the extractive and manufacturing industries of the oil and gas regions of the Volga Federal District, as well as a structural analysis of the profitability of their organizations' assets and products; an interregional dispersion and cluster analysis of the developed innovative and industrial criteria for the economic security of the oil and gas regions of the Volga Federal District. As a result of the developed approach, two interregional innovative and industrial clusters were formed in the extractive and manufacturing industries, increasing the level of economic security of the oil and gas regions of the Volga Federal District. In the extractive industry, such clusters are feasible between the Republic of Bashkortostan, the Udmurt Republic, and Samara Oblast, on the one hand, and Perm Krai and Orenburg Oblast, on the other. In the manufacturing industry, innovative industrial integration is feasible between the Udmurt Republic and Samara Oblast, on the one hand, and the Republic of Bashkortostan, Perm Krai, and Orenburg Oblast, on the other.