• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Amount of Oil Drilling & Gas Production in Russia Surpasses the Overall Demand in the Domestic Market Providing an Opportunity for Exporting

Posted on: Wednesday, 24 May 2006, 09:00 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c37514) has announced the addition of Russian Oil & Gas Industry Forecast to their offering

Enjoying thirteen percent of the world's oil and gas reserves, Russia is one of the main producers in the world today. The mineral reserves in Russia are worth $30 trillion, with oil and gas taking up a lion's share of fifty percent. The amount of oil drilling & gas production in Russia surpasses the overall demand in the domestic market, creating an opportunity for exports in the sector and earn high revenues from the sale to other countries.

Russia exports approximately fifty five percent of its crude oil production and approximately thirty percent of its natural gas production. The growing demand for oil and gas all over the world has encouraged Russian energy sector to expand the oil & gas export pipelines to a number of countries across the world.

As per our research experts, since the beginning of this decade, there has been a rapid increase in oil production & exploration in Russia. However, the capital investment needs to be increased in this sector, so that the current high rate of production can be sustained in times to come.

Highlights of the report are:

-- Comprehensive analysis of the oil and gas industry in Russia.

-- Predictions about the consumptions and production of oil and gas in the years to come.

-- Main export markets for the industry.

-- Overview of the latest pipelining projects plus the existing Russian pipelines.

-- Detailed discussion of the latest policies and reforms assumed by the government, which influence the oil & gas industry in Russia.

-- Profiles of key players in this sector.

This report provides "Russian Oil & Gas Industry Forecast" an in-depth analysis of the latest plans and strategies adopted by government and private firms for the further growth of the oil and gas sector in Russia. The report looks at the current and future prospects of the industry. It also covers the opportunities and challenges that exist before the industry. It is a must read for both investors and companies in the energy sector.

Contents are as follows:-

1. Introduction

2. Global Oil and Natural Gas Industry

3. Russian Oil and gas Industry

4. Business Environment Affecting Oil & Gas Industry

5. Barriers Faced by Oil & Gas Industry

6. Key Driving Forces

7. Export Markets for Russia

8. Investment in Russian Oil & Gas Sector

9. Major Pipeline Projects

10. Recent News and Developments

11. Key Players

List of Tables

List of Figures

Companies Mentioned:-

-- Lukoil

-- TNK-BP

-- Surgutneftegaz

-- Sibneft

-- Tatneft

-- Yukos

-- Rosneft

-- Gazprom

For more information visit http://www.researchandmarkets.com/reports/c37514

Source: Business Wire

More News in this Category