Russia started a privatisation programme for the oil sector in the 1990s, but the drive was reversed in the early 2000s when the government nationalised several companies. Currently the Russian oil and gas sector is dominated by local companies, which are predominantly controlled by the state. As of March 2018 there were 1,700 registered enterprises, operating in the segment of extraction of crude petroleum and natural gas, and about 1,500 companies operating in the segment of petroleum products. In 2017, more than 80% of Russian oil companies were vertically integrated and about 14% of natural gas companies fell within this category.

01 EXECUTIVE SUMMARY 

02 SECTOR IN FOCUS 

03 COMPETITIVE LANDSCAPE 

04 COMPANIES IN FOCUS

05 REGULATORY ENVIRONMENT 

06 CRUDE OIL 

07 OIL PRODUCTS 

08 NATURAL GAS

09 OIL & GAS PIPELINES