Russia Oil & Gas Report Q1 2014 - New Study Released
Russia may be pumping post-Soviet record levels of oil and is likely to continue to see a short-term increase in both oil and gas production, but we warn that a high level of investment will be required to maintain this. It also faces pressure to diversify its gas markets, in view of slower demand growth expected from its core market in Europe and growing competition from other global gas suppliers. Tax breaks given to encourage offshore and tight oil developments...
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