Table of Contents
Interfax is pleased to offer you “Russia’s Oil Sector 2014” a market survey published in January 2015, providing an insight providing an insight in major trends in Russia’s oil industry in 2014 (oil reserves, wells fund, oil and gas production, primary oil refining by holdings, independent producers, refineries within oil majors, output of gasoline, diesel oil, fuel oil, lubricants by refineries, exports of oil and oil products, transportation issues, regulation). The survey studies the tax manoeuvre launched in the Russian oil sector as well as makes assessment of its impact on the oil companies and the federal budget. The survey also covers recent performance, financials, ratings, loans, business structure of 8 top holdings (Lukoil, Rosneft, Gazprom Neft, Surgutneftegaz, Tatneft, Slavneft, Russneft, Bashneft) in 2014.
Russia’s Oil Sector 2014 – some highlights
• Oil priced at $50 per barrel is not a painful situation for Russia's oil companies. Rosneft, the biggest oil producer, can withstand oil prices at $30 per barrel, Lukoil - $25 per barrel.
• The Russian Natural Resources and Environment Ministry has drastically lowered its growth forecast to 2020 for annual oil and gas reserves in Russia.
• A halt in joint shelf and shale projects between Russian and foreign companies will not have a significant impact on the Russian economy in the medium-term perspective.
• As of January 1, 2015 Russia raised the tax on the extraction of subsoil resources and reduced export duties on oil and oil products. In conditions of low oil prices the tax manoeuvre may lead to a sharp increase in export deliveries and a shortage on the domestic fuel market.
Get Industry Insights. Simply.
Talk to Veronica
+1 718 514 2762
Global Oil Storage Industry Outlook to 2021 - Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Terminals Summary "Global Oil Storage Industry Outlook to 2021 - Capacity ...
Malaysia is one of the few developing countries in the Asia pacific region which has used its abundant natural resources to grow sustainably. From being a major exporter of raw materials the country has ...
Angola is one of the fastest growing and most promising economies in Africa. Angola's high GDP growth is driven by high international oil prices. However, the worldwide slump in oil prices has affected ...