Russia’s oil and gas reserves have expanded over the past decade, as have exploration activities to capture these opportunities.
Average crude oil production has increased by 4.6% over the last year from 10.53 million barrels/day (b/d) in October 2017 to 11.01 million b/d in October 2018. Meanwhile, gas production saw a 5.6% increase in production in annual terms during the first eight months of 2018.
Our lead Russia consultants put together an energy report on the Russia oil and gas market for the MIOGE event run by our partners ITE Group. To receive your free copy of the report fill in the form below: