Nadiya

[Elena1012]

Modernizing Vrosnoki oil; Investments and modernizations.

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September 20th, 5663
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For the Vrosnoki economy, there are two major defining industries. The first is IT. Developed a decade ago, the IT sector was created as an alternative to oil, and to take advantage of Vrosnoki climate and environment. The second industry is oil. While the IT industry is robust and modernized, the Vrosnoki oil industry is less so. While Vrosnok is one of the oil hearts of Nadiya, it isn't exactly the best. While NadComp (Nadiyan Petroleum Company) dominates all oil production at a Confederal level, you wouldn't be surprised to hear that it's better to drill for oil elsewhere. Who would want to drill in a frozen nation where the northern part of it never sees sunshine for months, where temperatures dip into the negatives and the industry in said nation is subpar. You're better off going to Brakav. That is why the Lojka Administration is looking to change this and modernized Vrosnoki oil to make it worthy of respect.

For starters, drilling. You can't shove a pipe in a hole and hope for the best. That is why modernizing drilling methods is vital. You mess it up, you have an environmental disaster waiting to happen and the last thing anyone wants is another disaster, especially so soon after the Syarokhna Incident. As such, drilling methods will be modernized. Particularly extraction. Real time monitoring will be invaluable to ensure no oil spills or accident occur. Furthermore, leak detection and radars such as infrared cameras and fixed methane sensors can be used to ensure leak detection is modernized. The Ministry of Energy will work directly with NadComp and other drillers to ensure these modernizations are applied adequately and smoothly.

Next, actual products. Sure, oil is good for fuel and such but it has other uses. Besides being an environmentalists worst nightmare, it has value in petrochemicals and other sub industries. A diverse economy is a healthy one. And a diverse sector is even better. Refineries will be created for further usage of oil, such as refining basic petrochemicals (such as an almost endless list of boring chemicals that we can't be bothered to name but legally have to), such as ethylene, propylene, and BTX. Besides giving scientists more chemicals to play with, there can also be considerably investments into domestic production of goods such as fertilizer (which can mostly benefit being exported to other republics in the Confederation), plastics, synthetic lubricants, industrial solvents and even speciality polymers for cold usage, which will certainly benefit republics such as Vrosnok and Lesnov. To encourage these refineries and such to be developed, private firms and companies will be offered a generous deal. Tax credits, staff training subsidies and even expedited permits. 

To ensure that corporate abuse isn't wiggled in (even within the Confederal Economy), the National Assembly quickly passed the Labour Standards and Safety Act, which mandates worker protections in all industries and mandates proper standards. Mandatory health inspections, the right to unionize, overtime limits, maximum fatigue shifts, mandatory rest periods, and occupational health screening and guarantees, plus even the creation of a safety fund for workers in the event of accidents or illness. Alongside this, encouragements for the private market to support local developments one exchange for more freedom, such as funding the construction of hospitals, clinics, housing, etc etc in their local communities.

These modernizations to the oil industry won't magically make the oil industry make trillions and trillions but it'll put Vrosnok in the right direction to becoming a respectable state, both in the Confederation, and Keris as an oil producer. Plus jobs! Jobs jobs jobs! Everyone loves good paying high quality jobs!
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The Паўночны штандар (Northern Standard) is an independent news network dedicated to bringing independent, non-partisan news to every corner of Vrosnok.