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Russian Oil & Gas Market: Sector Development, Latest Trends and Opportunities

Russian Oil & Gas Market: Sector Development, Latest Trends and Opportunities

26 October 2017

Russia is one of the largest oil producing countries, with up to 14% of world proven oil reserves. The main sales market for Russian oil and petroleum products is Europe with around 85% of Russia’s total oil exports sold in European countries, comprising around 43% of all imports by the region.

Russia is the second world’s largest producer of natural gas, producing around 600 million m3  annually.

Russia intends to invest $1 trillion in the oil and gas industry by 2030 to increase production in order to keep up with projected European and Asian demand, in addition to the growing domestic consumption.

DIT Russia and EY experts will update you on the opportunities in the market.

To register, click here.