INVESTMENT PORTAL
OF RUSSIAN REGIONS
0%
LOADING DATA
Russian Fuel and Energy Sector 2017 Data Book

Research

OPEN PDF

Russian Fuel and Energy Sector 2017 Data Book

Release date: 10 September 2018

Topics:

Oil and Gas

Exploration and mining

Chemical industry

Power generation

According to experts from the Analytical Center for the Government of the Russian Federation, the growth in the output of petrochemical products in Russia continues, but its pace has declined. In 2017, the output of oil and gas condensate in Russia decreased by 2.1 mln tonnes (—0.4%) as compared to the previous year. A slight decrease in oil output in Russia (the first time since 2008) is due to the country’s participation in the OPEC+ deal. The volume of investments in the oil industry in 2017 exceeded the level of 2016 (+ RUB 348 bln). At the same time, the main increase in the investments accounted for the extraction of crude oil (+ RUB 279 bln).

In 2017, gas production in Russia reached a record high in terms of export growth and domestic consumption. Russia continues to steadily keep lead in the global export of natural gas, although its share in 2014–2016 fell below 20%.


Against the background of global economic growth, the Russian coal industry has demonstrated steady development: production, domestic consumption, exports, and investment have grown. Improvement of the financial and economic situation of Russian coal companies in 2017 allowed increasing investments in fixed assets by 32% — up to RUB 114.3 bln.

The growth in the output of plastics in primary forms in Russia slowed down in 2017 compared to the previous year and was just 0.4%. In 2017, investments in the Russian petrochemical industry increased compared to 2016, but the pace of their growth (+1%) was the slowest in four years.

In 2017, capacity growth in UES of Russia amounted to 3.5 GW (1.5% compared to 2016), while the growth from 2008 to 2017 was 29.2 GW (13.9% compared to 2008). Compared to the previous year, the pace of capacity growth was faster due to addition of new CHP capacities. Despite the overall decline in the volume of investments in the power industry in 2017 (—24 bln rubles compared to 2016), investments in the power grid sector increased in this period owing to extra investments in the power transmission sector.


All analytics

Analytics on the topic

All analytical materials
Macroeconomic Overview: Fall Overcome

26 August 2020

Macroeconomic Overview: Fall Overcome

The study by the Expert RA rating agency predicts that by the end of 2020, the decline in the Russian economy will amount to 3.8% of GDP, next year growth of 3.5% of GDP can be expected.
READ
Russian Oil Sector Overview: Waiting for a Correction after the Record Highs of 2018

15 March 2019

Russian Oil Sector Overview: Waiting for a Correction after the Record Highs of 2018

In this publication, the Expert RA rating agency gives a forecast for the development of the Russian oil market and assesses the potential financial situation of oil producing companies and refineries in 2019 and 2020.
READ
A doctor for your body

22 May 2018

A doctor for your body

Anti-ageing technologies are making their way from the laboratory to the market.
READ
To recovery and beyond. The future of travel and tourism in the wake of COVID-19

13 November 2020

To recovery and beyond. The future of travel and tourism in the wake of COVID-19

This important report published in collaboration with Oliver Wyman explores the impact and implications of COVID-19 on the Travel & Tourism sector through a data-driven examination of four interlinked trends, putting forward recommendations that will support...
READ