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State Regulation of the Oil and Gas Sector in 2015, Prospects for 2016 (Russian Version)

  • ID: 3617290
  • January 2016
  • 80 pages
  • National Energy Security Fund
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The traditional series of NESF reports is concluded with the final analysis of main events in the Russian oil and gas sector in 2015.

Oil prices kept falling, which affected the sector negatively and made the government again raise taxes on FES players.

Amid the growing state budget deficit and decreasing export revenues the Russian finance ministry again paid its fiscal attention to oil and gas companies. Meanwhile, the oil industry set another post-Soviet production record. The question is whether we will see recurrence of the situation observed in the late 1980s when a record high oil output was followed by its collapse.

The report elaborates on the following issues:

Production results of the year
- The analysis of the situation at Russia’s leading oil and gas companies
- Results of production of oil, natural gas and oil products
- Stagnation in the oil industry as reflection of investment problems; decline in the natural gas output as a result of marketing difficulties

The influence of sanctions and low prices on prospects of the sector development
- Termination of the Arctic direction
- The situation READ MORE >

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Introduction

Chapter 1. 2015 Production Results

Chapter 2. Struggle for the Tax Regime
Chapter 3. Russia’s Oil and Gas Sector in the Changing World Conjuncture

Chapter 4. Transformation of Export Strategy

Chapter 5. State Regulation of The Oil and Gas Sector

Forecast of Developments

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Note: Product cover images may vary from those shown

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