International Energy Reserves Accounting System: Harmonization of Statistical Information for SNA Purposes

The article covers the study of several international and foreign information and methodological standards and documents on energy resources statistics. It also examines the possibilities of harmonizing energy resources statistics with the System of National Accounts (SNA). The relevance of the problems is determined by the need for further development of the Russian system of environmental-economic accounting and, in particular, of statistics on energy reserves, adaptation of international standards and best practices in this area in some foreign countries. International standards and foreign methodological documents are characterized in the context of ensuring international comparability of energy resources assessment and compilation of environmental-economic accounts for the SNA. Since the ongoing adaptation of environmental-economic accounting will be completed shortly, a compilation of Mineral and Energy Resource Accounts is also a vital activity of statistical offices. To adequately integrate them into the SNA, indicators of proven resources should be estimated in value terms. The implementation of these approaches will in turn lead to a statistically correct valuation of natural capital and the inclusion of these data in the SNA. However, prices for capital valuation can be applied, on the basis of the disaggregation of statistical indicators, exogenous extraction factor, as well as analysts' forecasts. The harmonization of statistical information on energy reserves on the conceptual basis of national accounting will ensure international comparability of the indicators under consideration as well as will promote to the ecological orientation of sustainable economic development and green growth both in Russia and abroad.

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