Invest in Russia — invest in Russian regions!
All analytics

Russian Fuel and Energy Sector 2017 Data Book

Research
10 September 2018

According to experts from the Analytical Center for the Government of the Russian Federation, the growth in the output of petrochemical products in Russia continues, but its pace has declined. In 2017, the output of oil and gas condensate in Russia decreased by 2.1 mln tonnes (—0.4%) as compared to the previous year. A slight decrease in oil output in Russia (the first time since 2008) is due to the country’s participation in the OPEC+ deal. The volume of investments in the oil industry in 2017 exceeded the level of 2016 (+ RUB 348 bln). At the same time, the main increase in the investments accounted for the extraction of crude oil (+ RUB 279 bln).

In 2017, gas production in Russia reached a record high in terms of export growth and domestic consumption. Russia continues to steadily keep lead in the global export of natural gas, although its share in 2014–2016 fell below 20%.


Against the background of global economic growth, the Russian coal industry has demonstrated steady development: production, domestic consumption, exports, and investment have grown. Improvement of the financial and economic situation of Russian coal companies in 2017 allowed increasing investments in fixed assets by 32% — up to RUB 114.3 bln.

The growth in the output of plastics in primary forms in Russia slowed down in 2017 compared to the previous year and was just 0.4%. In 2017, investments in the Russian petrochemical industry increased compared to 2016, but the pace of their growth (+1%) was the slowest in four years.

In 2017, capacity growth in UES of Russia amounted to 3.5 GW (1.5% compared to 2016), while the growth from 2008 to 2017 was 29.2 GW (13.9% compared to 2008). Compared to the previous year, the pace of capacity growth was faster due to addition of new CHP capacities. Despite the overall decline in the volume of investments in the power industry in 2017 (—24 bln rubles compared to 2016), investments in the power grid sector increased in this period owing to extra investments in the power transmission sector.


Anlytics on the topic

All analytics
Research
13 June 2022
Russia, Kazakhstan, and Azerbaijan oil and gas quarterly review

The publication by EY contains an analysis of key macroeconomic and industry-specific trends in the oil and gas sector in Russia, Kazakhstan, Azerbaijan, and globally.

Research
27 December 2022
Key Trends in the Economic Development of the Russian Federation - 2022

The Roscongress Foundation, together with the NTI Competence Center for Big Data Storage and Analysis Technologies, based at Moscow State University named after M.V. Lomonosov, based on the content of the key discussions of the programs of the largest business events in the country — the St. Petersburg International Economic Forum, the Russian Energy Week and the Eastern Economic Forum, prepared a report «Key Trends in the Economic Development of the Russian Federation — 2022», which formulated 10 main trends in the country’s economic development.

Research
29 July 2020
Fueling the energy future. Reinventing oil and gas for a new purpose

In this publication, Accenture studies how the oil and gas industry fundamentals are changing as energy systems are rapidly becoming decarbonized.

Research
30 October 2020
Digital energy. How smart meters will contribute to changing the energy landscape?

Consulting firm Arthur D. Little has prepared a study on the implementation of smart metering in the electricity market in the EU.