The oil sector is concentrated in the hands of several domestic companies, with limited direct international oil company (IOC) involvement. No foreign company or consortium is allowed more than a 50% share in oil and gas assets in Russia and the country has a specific law to protect strategic assets - those over 70mn tonnes (0.5bn barrels) or over 50bcm. Majority-owned state firms dominate the Russian market - particularly Rosneft for oil, Gazprom for gas and Transneft for midstream. Regulatory oversight remains limited and poorly enforced, given that the majority of production and pipelines are government owned.

Key View

SWOT

Oil & Gas SWOT 

Industry Forecast

Upstream Exploration

Upstream Projects 

Upstream Oil Production

Upstream Gas Production 

Refining

Refined Fuels Consumption

Gas Consumption

Oil Trade

Gas Trade

Industry Risk/Reward Index

CEE Upstream Oil & Gas Risk/Reward 

CEE Downstream Oil & Gas Risk/Reward 

Russia Upstream Oil & Gas Risk/Reward Index 

Russia Downstream Oil & Gas Risk/Reward 

Market Overview

Energy Market Overview

Oil & Gas Infrastructure

Competitive Landscape

Company Profile

Gazprom

Rosneft

Lukoil 

Regional Overview

CEE Oil & Gas Overview 

Oil & Gas Glossary

Oil & Gas Methodology