A new dawn for Russia
As the largest producer of crude oil in the world, Russia’s economy is dominated by the success of its oil and gas sector. With 6% of proven global oil reserves and the largest gas reserves in the world, there is massive potential for further production growth in Russia, with replacing reserves and investing heavily in greenfield projects major drivers for the industry. Kim Kruschwitz, Vice President - Marketing and Investor Relations, Eurasia Drilling Company (EDC), explains.
Article details
Journal title: Petroleum Review
Publisher: Energy Institute
Countries: Russia -
Subjects: Resource use and management, Banking, finance and investment, Project Management, Economics, business and commerce, Retail and marketing, Oil and gas extraction, Crude oil, Oil and gas, Oil, Primary energy production, Reserves, Oil reserves