Research and Markets: Russia has emerged as a Reigning Oil Producer by Supplying about 2.5 million b...

Jul 7, 2005 - Business Wire

 

Research and Markets Laura Wood Fax: +353 1 4100 980 press@researchandmarkets.com

 

Research and Markets (http://www.researchandmarkets .com/reports/ c20399) has announced the addition of New Hopes Pinned to Russian Energy Production and Consumption (2005-2006) to their offering

 

The market research report "New hopes pinned to Russian Energy Production and Consumption (2005-2006)" provides an in-depth analysis of the energy production, consumption, exports, trends, and future forecasts. In recent years, Russia has emerged as a reigning oil producer by supplying about 2.5 million barrels a day in 1960 to about 8 million barrels a day in 2004-2005. The U.S. Geological Survey estimates high energy production potential from Russia, together with the other states like Kazakhstan, Turkmenistan, Azerbaijan, Uzbekistan and others that are near the Caspian Basin.

 

The western world has realized the importance of Russia in world oil supplies. They have started looking beyond the oil supplies from Middle East and the Persian Gulf. The global dominance of oil production from Saudi Arabia is now being challenged by Russia. Some experts show apprehension in accepting Russia as a significant supplier of energy to the world market. But, records for 2004 show phenomenal growth in oil production and consumption in Russia at 750,000 bpd. Russia has emerged as a new hope to the Western countries for energy supplies.

 

The International Energy Agency estimates the dependency of the European Union on Russia for imported oil for about 94% of its total needs by 2030 and for gas import by 81%. The report analyzes Moscow's willingness to cooperate with the Caspian region for coming up with newer pipelines. The report also mentions the statistical data on production, demand, and exports of the energy.

 

Report Highlights:

 

- Recent Economic Developments in Russia.

 

- Global and Russian Energy Industry structure.

 

- Industry landscape of electricity, natural gas, coal, oil, and other renewable sources of energy.

 

- Production and Consumption in energy sectors.

 

- Legislative framework and policies related to energy sectors.

 

- Energy prices and tariff dynamics.

 

- Environmental issues related to the Russian energy sector.

 

- Implication of Kyoto Policy and International Export Law facilitating Russian Energy market.

 

- Key reasons for increasing importance of Russia in World Energy Markets in Western Europe and America.

 

- Future outlook of the energy sector till 2030.

 

Report Features:

 

Chapters 1, 2, 3 and 4 discuss the recent economic developments in Russia with focus on the Russian energy market. An overview of the world energy market is also given.

 

Chapter 5 discusses the electricity generation and privatization and other market reforms.

 

Chapters 6, 7, 8 and 9 focus on different energy sources like: natural gas, coal, oil, and other renewable sources.

 

Chapter 10 focuses on the different environmental issues connected with energy generation and consumption. The final chapter gives a fuel and energy demand outlook and projections till the year 2030.

 

For more information visit http://www.researchandmarkets.com/ reports/c20399

 

 


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