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    Oil Fields in Russia

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    Montazer Work
    Russia has some of the largest oil reserves in the world, as the second largest coal reserves and eighth largest oil reserves. In 2015, Russia produced over 10 million barrels of crude oil per day, accounting for 12% of global oil production. Domestic demand for oil within Russia reached over 2.6 million barrels per day in 2005, though production levels have fluctuated, reaching a post-Soviet maximum of 9.7 million barrels daily in 2006. Russia relies heavily on its oil and natural gas industries.

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    Oil Fields in Russia

    Uploaded by

    Montazer Work
    19 views1 page
    Russia has some of the largest oil reserves in the world, as the second largest coal reserves and eighth largest oil reserves. In 2015, Russia produced over 10 million barrels of crude oil per day, accounting for 12% of global oil production. Domestic demand for oil within Russia reached over 2.6 million barrels per day in 2005, though production levels have fluctuated, reaching a post-Soviet maximum of 9.7 million barrels daily in 2006. Russia relies heavily on its oil and natural gas industries.

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    Russia has some of the largest oil reserves in the world, as the second largest coal reserves and eighth largest oil reserves. In 2015, Russia produced over 10 million barrels of crude oil per day, accounting for 12% of global oil production. Domestic demand for oil within Russia reached over 2.6 million barrels per day in 2005, though production levels have fluctuated, reaching a post-Soviet maximum of 9.7 million barrels daily in 2006. Russia relies heavily on its oil and natural gas industries.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    19 views1 page

    Oil Fields in Russia

    Uploaded by

    Montazer Work
    Russia has some of the largest oil reserves in the world, as the second largest coal reserves and eighth largest oil reserves. In 2015, Russia produced over 10 million barrels of crude oil per day, accounting for 12% of global oil production. Domestic demand for oil within Russia reached over 2.6 million barrels per day in 2005, though production levels have fluctuated, reaching a post-Soviet maximum of 9.7 million barrels daily in 2006. Russia relies heavily on its oil and natural gas industries.

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    oil fields in Russia

    The petroleum industry in Russia is one of the largest petroleum industries


    in the world, as Russia has the largest reserves of natural gas and is the
    largest source of it. Russia has the second largest coal reserves, the eighth
    largest oil reserves, and is one of the largest oil producers and Russia the
    third largest energy user , Russia produced an average of 10.83 million
    barrels (1,722,000 m3) of crude oil per day in December 2015. It produced
    12% of the world's oil and had a similar share of global oil exports. In June
    2006, Russian crude oil and condensate production reached a post-Soviet
    maximum of 9.7 million barrels (1,540,000 m3) per day, while in 2000
    crude oil production exceeded 3.2 million barrels per day (510,000 m3/d).
    Domestic demand in 2005 averaged 2.6 million barrels per day (410,000
    m3/d). However, BP gives Russia only 31.3 trillion cubic meters as of
    January 1, 2014, making it second only to Iran (33.1 to 33.8 trillion cubic
    )metres, based on the same source

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