Reports

The Oil & Gas Year Russia 2020

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“We ask Europeans to more carefully assess the potential for co-operation with Russia.”

Yuri Shafranik, Chairman, Union of Oil & Gas Producers of Russia 

The Oil & Gas Year Russia 2020 highlights the country’s latest milestones in bolstering its position on the global energy market. The Russian oil and gas industry has been moving further east to boost its hydrocarbons production, launching the Power of Siberia pipeline and continuously exploring the potential of Arctic regions and the Northern Sea Route.

“Tatarstan has been the country’s scientific and practical training ground for developing bituminous oil production technologies.” 

Rustam Minnikhanov, President of the Republic of Tatarstan

The Oil & Gas Year Russia 2020 spotlights the Republic of Tatarstan, one of Russia’s powerful oil bases. Tatarstan’s dynamic local industry has maintained and even increased its oil production over recent years.

Produced in partnership with the Union of Oil & Gas Producers of Russia, this edition of The Oil & Gas Year Russia series provides foresight to investors and companies looking at strategic growth opportunities in the country, at a time when major fiscal regulatory changes and public policies to support import substitution are reshaping one of the world’s largest energy-producing markets.

This product is also available in Russian.

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In this report

  • Genadiy Shmal Russia’s upstream potential

    Genadiy SHMAL

    President

    Union of Oil & Gas Producers of Russia

    The union strongly advocates the reform of our regulatory system.
  • RN MINNIKHANOV Tatarstan Tatarstan: Russia’s powerful oil base

    R.N. MINNIKHANOV

    President

    Republic of Tatarstan

    Tatarstan has been the country’s scientific and practical training ground for developing bituminous oil production technologies.
  • Nail Maganov Tatneft Russia Russia’s Tatneft explores and expands

    Nail MAGANOV

    General Director

    Tatneft

    Tatneft is successfully developing one of the most important areas and a promising asset: hard-to-recover reserves.
  • Innovation and automation in Russian rigs

    Yuri KARPOV

    General Director

    URALMASH NGO HOLDING

    The drilling rigs’ design allows for negative environmental effects to be minimised.
  • Growth in Russia’s shipbuilding

    Alexey RAKHMANOV

    President

    UNITED SHIPBUILDING CORPORATION

    We have learned that it is profitable to operate nuclear-powered commercial vessels.
  • SHAFRANIK Yuri New milestones in Russian oil and gas

    Yuri K. SHAFRANIK

    Chairman

    Union of Oil & Gas Producers of Russia

    We ask Europeans to more carefully assess the potential for co-operation with Russia.
  • Angelina PERSHUKOVA Repsol bets on Russia’s upstream

    Angelina PERSHUKOVA

    Director - Moscow Branch

    REPSOL EXPLORACIÓN

    Russian LNG is a good way for Spain to diversify its supply and for Russia, Spain is a new market.
  • Potential in Russia’s Arctic

    Andrey TIMIN

    Director General

    MORNEFTEGAZPROJECT

    It is important to simultaneously develop new projects on land and at sea.

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